Apartment 6 Rifle Maker Building, 32 - 35 Water Street

    APARTMENT 6 RIFLE MAKER BUILDING, 32 - 35, WATER STREET, BIRMINGHAM, B3 1HL

    This flat/maisonette leasehold property on Water Street last sold in April 2021 for £530,000. Based on price growth in the B3 district since then, its estimated current value is £505,420 — placing it in the 79th percentile nationally and the 98th percentile within B3. The property covers 121 m² (1,302 sq ft), giving an estimated value of £4,177 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £530,000

    Apr 2021

    Estimated Valuation

    £505,420

    Est. £/sq ft

    £388/sq ft

    £4,177/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialC
    Floor area1,302 sq ft (121 m²)
    EPC dateNov 2015
    WallsAverage thermal transmittance 0.07 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    16 Apr 2021

    £530,000

    11 Dec 2015

    New build

    £525,000

    Key Metrics

    Estimated valuation£505,420
    Value per sq ft / m²£388/sq ft (£4,177/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile98th percentile
    National percentile79th 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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