56 Lomas Drive

    56, LOMAS DRIVE, BIRMINGHAM, B31 5LR

    This flat/maisonette leasehold property on Lomas Drive last sold in June 2011 for £70,000. Based on price growth in the B31 district since then, its estimated current value is £128,214 — placing it in the 8th percentile nationally and the 10th percentile within B31. The property covers 70 m² (753 sq ft), giving an estimated value of £1,832 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £70,000

    Jun 2011

    Estimated Valuation

    £128,214

    Est. £/m²

    £1,832/m²

    £170/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area70 m² (753 sq ft)
    EPC dateAug 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jun 2011

    £70,000

    17 Sept 2004

    £106,000

    31 Jul 1998

    £38,750

    Key Metrics

    Estimated valuation£128,214
    Value per m² / sq ft£1,832/m² (£170/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile10th percentile
    National percentile8th 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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