41 Lomas Drive

    41, LOMAS DRIVE, BIRMINGHAM, B31 5LR

    This flat/maisonette leasehold property on Lomas Drive last sold in February 2022 for £128,000. Based on price growth in the B31 district since then, its estimated current value is £113,589 — placing it in the 6th percentile nationally and the 6th percentile within B31. The property covers 60 m² (646 sq ft), giving an estimated value of £1,893 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £128,000

    Feb 2022

    Estimated Valuation

    £113,589

    Est. £/m²

    £1,893/m²

    £176/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area60 m² (646 sq ft)
    EPC dateJul 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    25 Feb 2022

    £128,000

    5 Jan 2007

    £100,000

    1 Aug 2001

    £45,000

    Key Metrics

    Estimated valuation£113,589
    Value per m² / sq ft£1,893/m² (£176/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile6th percentile
    National percentile6th 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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