43 Lomas Drive

    43, LOMAS DRIVE, BIRMINGHAM, BIRMINGHAM, B31 5LR

    This terraced leasehold property on Lomas Drive last sold in June 2002 for £61,000. Based on price growth in the B31 district since then, its estimated current value is £165,001 — placing it in the 16th percentile nationally and the 19th percentile within B31. The property covers 87 m² (936 sq ft), giving an estimated value of £1,897 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £61,000

    Jun 2002

    Estimated Valuation

    £165,001

    Est. £/m²

    £1,897/m²

    £176/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area87 m² (936 sq ft)
    EPC dateMar 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    20 Jun 2002

    £61,000

    27 Oct 1995

    £37,000

    Key Metrics

    Estimated valuation£165,001
    Value per m² / sq ft£1,897/m² (£176/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile19th percentile
    National percentile16th 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

    More properties in B31

    Explore nearby