Draycot House Mearse Lane

    DRAYCOT HOUSE, MEARSE LANE, BARNT GREEN, BIRMINGHAM, B45 8HL

    This detached freehold property on Mearse Lane last sold in June 2022 for £915,000. Based on price growth in the B45 district since then, its estimated current value is £833,883 — placing it in the 93rd percentile nationally and the 94th percentile within B45. The property covers 244 m² (2,626 sq ft), giving an estimated value of £3,418 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    244 m²

    (2,626 sq ft)

    Last Sale Price

    £915,000

    Jun 2022

    Estimated Valuation

    £833,883

    Est. £/m²

    £3,418/m²

    £318/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area244 m² (2,626 sq ft)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2022

    £915,000

    31 Aug 2012

    £580,000

    Key Metrics

    Estimated valuation£833,883
    Value per m² / sq ft£3,418/m² (£318/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile94th percentile
    National percentile93rd 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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