Flat 3 5 New Market Street

    FLAT 3 5, NEW MARKET STREET, BIRMINGHAM, B3 2NH

    This flat/maisonette leasehold property on New Market Street last sold in September 2016 for £177,500. Based on price growth in the B3 district since then, its estimated current value is £221,925 — placing it in the 30th percentile nationally and the 59th percentile within B3. The property covers 70 m² (753 sq ft), giving an estimated value of £3,170 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £177,500

    Sept 2016

    Estimated Valuation

    £221,925

    Est. £/sq ft

    £295/sq ft

    £3,170/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateJan 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Sept 2016

    £177,500

    26 Sept 2005

    £153,500

    22 Dec 2000

    New build

    £133,000

    Key Metrics

    Estimated valuation£221,925
    Value per sq ft / m²£295/sq ft (£3,170/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile59th percentile
    National percentile30th percentile

    District Context — B3

    B3 covers the city centre and inner areas of Birmingham. It is a densely urban neighbourhood with a predominantly young, transient population and strong rental demand.

    Average Property Price - B3

    £236,115

    23

    National percentile

    Average Net Household Income - B3

    £52,223

    92

    National percentile

    10-Year Annualised Price Growth - B3

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B3

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