116 Palace Road

    116, PALACE ROAD, BORDESLEY GREEN, BIRMINGHAM, B9 5ER

    This terraced freehold property on Palace Road last sold in July 2023 for £160,000. Based on price growth in the B9 district since then, its estimated current value is £178,233 — placing it in the 19th percentile nationally and the 38th percentile within B9. The property covers 87 m² (936 sq ft), giving an estimated value of £2,049 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £160,000

    Jul 2023

    Estimated Valuation

    £178,233

    Est. £/sq ft

    £190/sq ft

    £2,049/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area936 sq ft (87 m²)
    EPC dateJul 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2023

    £160,000

    Key Metrics

    Estimated valuation£178,233
    Value per sq ft / m²£190/sq ft (£2,049/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B9 district percentile38th percentile
    National percentile19th percentile

    District Context — B9

    B9 covers central Birmingham neighbourhoods including Aston, Nechells, and surrounding inner-city areas. The district is characterised by a young, diverse population with significant private rental activity and a working-class employment profile.

    Average Property Price - B9

    £196,256

    11

    National percentile

    Average Net Household Income - B9

    £33,996

    25

    National percentile

    10-Year Annualised Price Growth - B9

    5.8%

    96

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B9

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