3 Out Wood Drive

    3, OUT WOOD DRIVE, BIRMINGHAM, B31 5BP

    This terraced leasehold property on Out Wood Drive last sold in September 2015 for £123,000. Based on price growth in the B31 district since then, its estimated current value is £207,871 — placing it in the 26th percentile nationally and the 39th percentile within B31. The property covers 77 m² (829 sq ft), giving an estimated value of £2,700 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    77 m²

    (829 sq ft)

    Last Sale Price

    £123,000

    Sept 2015

    Estimated Valuation

    £207,871

    Est. £/m²

    £2,700/m²

    £251/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area77 m² (829 sq ft)
    EPC dateMar 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Sept 2015

    £123,000

    Key Metrics

    Estimated valuation£207,871
    Value per m² / sq ft£2,700/m² (£251/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile39th percentile
    National percentile26th percentile

    Other Properties on Out Wood Drive

    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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