50 Wellhead Lane

    50, WELLHEAD LANE, BIRMINGHAM, B42 2SY

    This terraced leasehold property on Wellhead Lane last sold in January 2024 for £70,000. Based on price growth in the B42 district since then, its estimated current value is £70,873 — placing it in the 1st percentile nationally and the 1st percentile within B42. The property covers 76 m² (818 sq ft), giving an estimated value of £933 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    76 m²

    (818 sq ft)

    Last Sale Price

    £70,000

    Jan 2024

    Estimated Valuation

    £70,873

    Est. £/m²

    £933/m²

    £87/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area76 m² (818 sq ft)
    EPC dateJan 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jan 2024

    £70,000

    15 Sept 2020

    £88,500

    22 Mar 2002

    £40,000

    Key Metrics

    Estimated valuation£70,873
    Value per m² / sq ft£933/m² (£87/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B42 district percentile1st percentile
    National percentile1st percentile

    District Context — B42

    B42 covers parts of Birmingham's north and east suburbs, including areas around Erdington and Gravelly Hill. It is a diverse, working residential neighbourhood with a mix of family homes and younger households.

    Average Property Price - B42

    £224,190

    19

    National percentile

    Average Net Household Income - B42

    £35,641

    35

    National percentile

    10-Year Annualised Price Growth - B42

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B42

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