188 Hanging Lane

    188, HANGING LANE, BIRMINGHAM, B31 5DN

    This terraced freehold property on Hanging Lane last sold in December 2023 for £247,000. Based on price growth in the B31 district since then, its estimated current value is £260,985 — placing it in the 40th percentile nationally and the 63rd percentile within B31. The property covers 89 m² (958 sq ft), giving an estimated value of £2,932 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £247,000

    Dec 2023

    Estimated Valuation

    £260,985

    Est. £/m²

    £2,932/m²

    £272/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area89 m² (958 sq ft)
    EPC dateApr 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2023

    £247,000

    Key Metrics

    Estimated valuation£260,985
    Value per m² / sq ft£2,932/m² (£272/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile63rd percentile
    National percentile40th 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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