24 Hanging Lane

    24, HANGING LANE, BIRMINGHAM, BIRMINGHAM, B31 5LP

    This terraced freehold property on Hanging Lane last sold in August 2007 for £250,000. Based on price growth in the B31 district since then, its estimated current value is £440,069 — placing it in the 73rd percentile nationally and the 94th percentile within B31. The property covers 72 m² (775 sq ft), giving an estimated value of £6,112 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £250,000

    Aug 2007

    Estimated Valuation

    £440,069

    Est. £/m²

    £6,112/m²

    £568/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateMar 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2007

    £250,000

    Key Metrics

    Estimated valuation£440,069
    Value per m² / sq ft£6,112/m² (£568/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile94th percentile
    National percentile73rd 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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