16 Cherry Lea

    16, CHERRY LEA, BIRMINGHAM, B34 6TJ

    This terraced freehold property on Cherry Lea last sold in February 2019 for £150,000. Based on price growth in the B34 district since then, its estimated current value is £194,942 — placing it in the 23rd percentile nationally and the 31st percentile within B34. The property covers 118 m² (1,270 sq ft), giving an estimated value of £1,652 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £150,000

    Feb 2019

    Estimated Valuation

    £194,942

    Est. £/m²

    £1,652/m²

    £153/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area118 m² (1,270 sq ft)
    EPC dateSept 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Feb 2019

    £150,000

    30 Sept 2005

    £105,000

    Key Metrics

    Estimated valuation£194,942
    Value per m² / sq ft£1,652/m² (£153/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B34 district percentile31st percentile
    National percentile23rd percentile

    District Context — B34

    B34 covers parts of south Birmingham, including areas such as Selly Oak and Harborne, located in the south-west of the city. The district is characterised by a mix of residential neighbourhoods with good student and young professional populations, alongside established family communities.

    Average Property Price - B34

    £218,865

    17

    National percentile

    Average Net Household Income - B34

    £32,456

    16

    National percentile

    10-Year Annualised Price Growth - B34

    5.8%

    96

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B34

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