5 Oval Road, Erdington, Birmingham, B24 8PN is a leasehold flat built between 1976-1982. The property offers approximately 710 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £53,501 , which equates to approximately £75 per square foot. It was last sold on 29 May 2020 for £44,000. Since then, the value has increased by £9,501, representing a 21.6% increase, or approximately 3.9% per year.

The current estimated value of £53,501 is:

  • 78.9% lower than the average property price on Oval Road
  • 78.5% lower than the average in the B24 8PN postcode area
  • and 81.6% lower than the average price for Birmingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 20 November 2023, the property was recorded as rented.

View sold house prices in B24 8PN

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£53,501
Price Per sq ft (estimate)
£75
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Oval Road, Erdington, Birmingham, West Midlands, B24 8PN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 Nov 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 May 2018, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 32.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B24 8PN

30 th / 30
Price Rank
78% lower than average
19 th / 21
Size Rank
51% smaller than average
20 th / 21
Price Per Sq FT Rank
56% lower than average

Compared to other properties in B24 8PN , this flat's estimated value ranks 30th out of 30. Based on price per square foot, it ranks 20th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 19th out of 21 properties in its postcode area.

Sale History

Today
£53,501
streetscan.co.uk estimate
+22 %
29 May 2020
£44,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 715 sq ft
sale price: £45,000
sale date: 30 Apr 2014

Data Sources

The property at 5 Oval Road, Erdington, Birmingham, West Midlands, B24 8PN appears once in the Land Registry records, with the transaction recorded on 29 May 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Nov 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.