Pear Tree Cottage Penn Lane

    PEAR TREE COTTAGE, PENN LANE, PORTWAY, BIRMINGHAM, B48 7HU

    This detached freehold property on Penn Lane last sold in March 2008 for £460,000. Based on price growth in the B48 district since then, its estimated current value is £672,224 — placing it in the 89th percentile nationally and the 84th percentile within B48. The property covers 150 m² (1,615 sq ft), giving an estimated value of £4,481 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    150 m²

    (1,615 sq ft)

    Last Sale Price

    £460,000

    Mar 2008

    Estimated Valuation

    £672,224

    Est. £/m²

    £4,481/m²

    £416/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area150 m² (1,615 sq ft)
    EPC dateOct 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    14 Mar 2008

    £460,000

    22 Mar 2000

    £260,000

    Key Metrics

    Estimated valuation£672,224
    Value per m² / sq ft£4,481/m² (£416/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B48 district percentile84th percentile
    National percentile89th percentile

    District Context — B48

    B48 covers areas in the south-western part of the Birmingham postcode region. It is a well-established residential district with a mature demographic profile and strong owner-occupier character.

    Average Property Price - B48

    £462,756

    76

    National percentile

    Average Net Household Income - B48

    £42,628

    68

    National percentile

    10-Year Annualised Price Growth - B48

    2.6%

    17

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B48

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