Apartment 5 41 Essex Street

    APARTMENT 5 41, ESSEX STREET, BIRMINGHAM, B5 4TT

    This flat/maisonette leasehold property on Essex Street last sold in August 2016 for £170,000. Based on price growth in the B5 district since then, its estimated current value is £218,391 — placing it in the 29th percentile nationally and the 57th percentile within B5. The property covers 82 m² (883 sq ft), giving an estimated value of £2,663 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £170,000

    Aug 2016

    Estimated Valuation

    £218,391

    Est. £/sq ft

    £247/sq ft

    £2,663/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateApr 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Aug 2016

    £170,000

    Key Metrics

    Estimated valuation£218,391
    Value per sq ft / m²£247/sq ft (£2,663/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B5 district percentile57th percentile
    National percentile29th percentile

    District Context — B5

    B5 covers central Birmingham, encompassing the city centre and surrounding inner-city neighbourhoods. It is a densely populated urban area with a young, diverse population and a significant student and professional presence.

    Average Property Price - B5

    £263,986

    31

    National percentile

    Average Net Household Income - B5

    £36,731

    42

    National percentile

    10-Year Annualised Price Growth - B5

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B5

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