5 Cromwell Lane

    5, CROMWELL LANE, NORTHFIELD, BIRMINGHAM, B31 1AB

    This detached freehold property on Cromwell Lane last sold in February 2018 for £191,000. Based on price growth in the B31 district since then, its estimated current value is £212,017 — placing it in the 28th percentile nationally and the 41st percentile within B31. The property covers 91 m² (980 sq ft), giving an estimated value of £2,330 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £191,000

    Feb 2018

    Estimated Valuation

    £212,017

    Est. £/m²

    £2,330/m²

    £216/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area91 m² (980 sq ft)
    EPC dateApr 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2018

    £191,000

    Key Metrics

    Estimated valuation£212,017
    Value per m² / sq ft£2,330/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile41st percentile
    National percentile28th percentile

    District Context — B31

    B31 covers neighbourhoods in south Birmingham, forming part of the wider south-west urban area. The district has a notably young population profile and a significant proportion of social housing, reflecting its character as an established residential community.

    Average Property Price - B31

    £249,023

    27

    National percentile

    Average Net Household Income - B31

    £36,597

    41

    National percentile

    10-Year Annualised Price Growth - B31

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B31

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