51 Lomas Drive, Birmingham, B31 5LR is a leasehold flat built between 1983-1990. The property offers approximately 743 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £121,241 , which equates to approximately £163 per square foot. It was last sold on 2 Dec 2022 for £121,000. Since then, the value has increased by £241, representing a 0.2% increase, or approximately 0.1% per year.

The current estimated value of £121,241 is:

  • 19.8% lower than the average property price on Lomas Drive
  • 14.9% lower than the average in the B31 5LR postcode area
  • and 58.4% lower than the average price for Birmingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 October 2021, the property was recorded as owner-occupied.

View sold house prices in B31 5LR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
743 sq ft
Tenure
Leasehold
Price (estimate)
£121,241
Price Per sq ft (estimate)
£163
Bedroom Count (estimate)
2 bedrooms

EPC Summary

51 Lomas Drive, Birmingham, West Midlands, B31 5LR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Oct 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Mar 2021, and the property received the same rating of D with an unchanged energy efficiency score of 58.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 8% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B31 5LR

39 th / 45
Price Rank
15% lower than average
6 th / 36
Size Rank
19% bigger than average
34 th / 36
Price Per Sq FT Rank
28% lower than average

Compared to other properties in B31 5LR , this flat's estimated value ranks 39th out of 45. Based on price per square foot, it ranks 34th out of 36 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 6th out of 36 properties in its postcode area.

Sale History

Today
£121,241
streetscan.co.uk estimate
+0 %
2 Dec 2022
£121,000
Leasehold
+27.4 %
30 Apr 2021
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 732 sq ft
sale price: £111,300
sale date: 6 Oct 2023
rooms: 3
size: 646 sq ft
sale price: £80,000
sale date: 26 Jun 2023
rooms: 3
size: 635 sq ft
sale price: £105,000
sale date: 3 Apr 2023
rooms: 3
size: 635 sq ft
sale price: £130,000
sale date: 10 Mar 2023
rooms: 3
size: 646 sq ft
sale price: £128,000
sale date: 25 Feb 2022

Data Sources

The property at 51 Lomas Drive, Birmingham, B31 5LR appears two times in the Land Registry records, with the latest transaction recorded on 2 Dec 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Oct 2021. 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.