Apartment 1, 41 Essex Street, Birmingham, B5 4TT is a leasehold flat built between 2003-2006. The property offers approximately 506 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,692 , which equates to approximately £324 per square foot. It was last sold on 14 Sep 2015 for £114,000. Since then, the value has increased by £49,692, representing a 43.6% increase, or approximately 4.3% per year.

The current estimated value of £163,692 is:

  • 10.4% lower than the average property price on Essex Street
  • 10.9% lower than the average in the B5 4TT postcode area
  • and 43.8% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 11 February 2022, the property was recorded as rented.

View sold house prices in B5 4TT

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£163,692
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 1, 41 Essex Street, Birmingham, West Midlands, B5 4TT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 11 Feb 2022.

This property uses electric room 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 5 Sep 2011, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 35.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B5 4TT

28 th / 38
Price Rank
11% lower than average
22 nd / 29
Size Rank
11% smaller than average
13 th / 29
Price Per Sq FT Rank
0% same as average

Compared to other properties in B5 4TT , this flat's estimated value ranks 28th out of 38. Based on price per square foot, it ranks 13th out of 29 properties. In terms of size, this home ranks 22th out of 29 properties in its postcode area.

Sale History

Today
£163,692
streetscan.co.uk estimate
+44 %
14 Sep 2015
£114,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £162,000
sale date: 25 Oct 2023
rooms: 2
size: 581 sq ft
sale price: £173,000
sale date: 19 Jul 2023
rooms: 2
size: 581 sq ft
sale price: £235,000
sale date: 27 Jan 2023
rooms: 3
size: 570 sq ft
sale price: £188,000
sale date: 28 Sep 2022
rooms: 2
size: 506 sq ft
sale price: £150,000
sale date: 31 May 2022

Data Sources

The property at Apartment 1, 41 Essex Street, Birmingham, West Midlands, B5 4TT appears once in the Land Registry records, with the transaction recorded on 14 Sep 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Feb 2022. 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.