Flat 1 Northfield House, 14 Steel Road

    FLAT 1 NORTHFIELD HOUSE, 14, STEEL ROAD, NORTHFIELD, BIRMINGHAM, B31 2RG

    This flat/maisonette leasehold property on Steel Road last sold in November 2021 for £92,000. Based on price growth in the B31 district since then, its estimated current value is £94,432 — placing it in the 3rd percentile nationally and the 3rd percentile within B31. The property covers 54 m² (581 sq ft), giving an estimated value of £1,749 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    54 m²

    (581 sq ft)

    Last Sale Price

    £92,000

    Nov 2021

    Estimated Valuation

    £94,432

    Est. £/m²

    £1,749/m²

    £162/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area54 m² (581 sq ft)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    9 Nov 2021

    £92,000

    16 Sept 2005

    £91,500

    Key Metrics

    Estimated valuation£94,432
    Value per m² / sq ft£1,749/m² (£162/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile3rd percentile
    National percentile3rd 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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