Apartment 5 2 Riverpark Way

    APARTMENT 5 2, RIVERPARK WAY, NORTHFIELD, BIRMINGHAM, B31 2GB

    This flat/maisonette leasehold property on Riverpark Way last sold in February 2022 for £135,000. Based on price growth in the B31 district since then, its estimated current value is £119,801 — placing it in the 7th percentile nationally and the 8th percentile within B31. The property covers 63 m² (678 sq ft), giving an estimated value of £1,902 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    63 m²

    (678 sq ft)

    Last Sale Price

    £135,000

    Feb 2022

    Estimated Valuation

    £119,801

    Est. £/m²

    £1,902/m²

    £177/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area63 m² (678 sq ft)
    EPC dateMar 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Feb 2022

    £135,000

    3 Oct 2014

    £118,000

    25 Feb 2011

    New build

    £114,950

    Key Metrics

    Estimated valuation£119,801
    Value per m² / sq ft£1,902/m² (£177/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile8th percentile
    National percentile7th 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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