16 Norman Lane

    16, NORMAN LANE, BIRMINGHAM, B31 5QF

    This terraced leasehold property on Norman Lane last sold in February 2019 for £54,900. Based on price growth in the B31 district since then, its estimated current value is £70,628 — placing it in the 1st percentile nationally and the 1st percentile within B31. The property covers 73 m² (786 sq ft), giving an estimated value of £968 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £54,900

    Feb 2019

    Estimated Valuation

    £70,628

    Est. £/m²

    £968/m²

    £90/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction age2012
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area73 m² (786 sq ft)
    EPC dateJul 2013
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2019

    £54,900

    Key Metrics

    Estimated valuation£70,628
    Value per m² / sq ft£968/m² (£90/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile1st percentile
    National percentile1st 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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