Apartment 227 41 Essex Street

    APARTMENT 227 41, ESSEX STREET, BIRMINGHAM, B5 4TW

    This flat/maisonette leasehold property on Essex Street last sold in May 2016 for £125,000. Based on price growth in the B5 district since then, its estimated current value is £160,582 — placing it in the 15th percentile nationally and the 20th percentile within B5. The property covers 46 m² (495 sq ft), giving an estimated value of £3,491 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £125,000

    May 2016

    Estimated Valuation

    £160,582

    Est. £/sq ft

    £324/sq ft

    £3,491/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area495 sq ft (46 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 May 2016

    £125,000

    14 Sept 2009

    £79,950

    Key Metrics

    Estimated valuation£160,582
    Value per sq ft / m²£324/sq ft (£3,491/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B5 district percentile20th percentile
    National percentile15th 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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