245 Cromwell Lane

    245, CROMWELL LANE, NORTHFIELD, BIRMINGHAM, B31 1AX

    This terraced leasehold property on Cromwell Lane last sold in June 2004 for £40,000. Based on price growth in the B31 district since then, its estimated current value is £74,742 — placing it in the 1st percentile nationally and the 2nd percentile within B31. The property covers 64 m² (689 sq ft), giving an estimated value of £1,168 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £40,000

    Jun 2004

    Estimated Valuation

    £74,742

    Est. £/sq ft

    £109/sq ft

    £1,168/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area689 sq ft (64 m²)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jun 2004

    £40,000

    24 Mar 1997

    £52,500

    Key Metrics

    Estimated valuation£74,742
    Value per sq ft / m²£109/sq ft (£1,168/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile2nd percentile
    National percentile1st 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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