18 Chip Close

    18, CHIP CLOSE, BIRMINGHAM, B38 8XF

    This terraced leasehold property on Chip Close last sold in May 2021 for £92,000. Based on price growth in the B38 district since then, its estimated current value is £107,761 — placing it in the 5th percentile nationally and the 5th percentile within B38. The property covers 58 m² (624 sq ft), giving an estimated value of £1,858 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £92,000

    May 2021

    Estimated Valuation

    £107,761

    Est. £/m²

    £1,858/m²

    £173/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateMay 2018
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2021

    £92,000

    7 Sept 2018

    £89,750

    10 Dec 2003

    £54,500

    20 Sept 1999

    £27,000

    Key Metrics

    Estimated valuation£107,761
    Value per m² / sq ft£1,858/m² (£173/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B38 district percentile5th percentile
    National percentile5th percentile

    District Context — B38

    B38 covers parts of south Birmingham, including areas around Bromsgrove Road and extending towards the outer suburbs. It is a mixed residential district with a blend of family homes and rental properties, reflecting diverse community needs.

    Average Property Price - B38

    £265,797

    32

    National percentile

    Average Net Household Income - B38

    £36,893

    43

    National percentile

    10-Year Annualised Price Growth - B38

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B38

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