Cedar Grange Mearse Lane

    CEDAR GRANGE, MEARSE LANE, BARNT GREEN, BIRMINGHAM, B45 8DB

    This detached freehold property on Mearse Lane last sold in June 2018 for £1,150,000. Based on price growth in the B45 district since then, its estimated current value is £1,229,369 — placing it in the 97th percentile nationally and the 98th percentile within B45. The property covers 550 m² (5,920 sq ft), giving an estimated value of £2,235 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    550 m²

    (5,920 sq ft)

    Last Sale Price

    £1,150,000

    Jun 2018

    Estimated Valuation

    £1,229,369

    Est. £/m²

    £2,235/m²

    £208/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area550 m² (5,920 sq ft)
    EPC dateJun 2021
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    1 Jun 2018

    £1,150,000

    23 Dec 2002

    £775,000

    Key Metrics

    Estimated valuation£1,229,369
    Value per m² / sq ft£2,235/m² (£208/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile98th percentile
    National percentile97th percentile

    District Context — B45

    B45 covers parts of the Birmingham metropolitan area in the West Midlands. It is a mixed residential and suburban locality with a diverse community.

    Average Property Price - B45

    £324,259

    50

    National percentile

    Average Net Household Income - B45

    £40,450

    60

    National percentile

    10-Year Annualised Price Growth - B45

    3.8%

    60

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B45

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