Apartment 501, St Martins Gate, 5 Worcester Street, Birmingham, B2 4BB is a leasehold flat built in 2024. The property offers approximately 452 square feet of living space and is situated on the 3rd floor of a 6-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £224,907 , which equates to approximately £497 per square foot. It was last sold on 13 Jun 2005 for £151,500. Since then, the value has increased by £73,407, representing a 48.5% increase, or approximately 2.4% per year.

The current estimated value of £224,907 is:

  • 5.0% lower than the average property price on Worcester Street
  • 4.1% lower than the average in the B2 4BB postcode area
  • and 22.8% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 16 July 2024, the property was recorded as owner-occupied.

View sold house prices in B2 4BB

Building approximate location

About Property

Type
Flat
Built
2024
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
3rd floor of 6
Price (estimate)
£224,907
Price Per sq ft (estimate)
£497
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 501, St Martins Gate, 5 Worcester Street, Birmingham, West Midlands, B2 4BB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Jul 2024.

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 high performance glazing.

The previous EPC assessment was conducted on 23 Jan 2019, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 27.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from flat, insulated (assumed) to average thermal transmittance 0.23 w/m-¦k, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to average thermal transmittance 0.23 w/m-¦k, improving energy efficiency from good to very good.
  • The windows were upgraded from fully double glazed to high performance glazing.
  • The lighting was updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Average thermal transmittance 0.23 W/m-¦K
Good
Walls
Average thermal transmittance 0.23 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Good lighting efficiency
Good

Compared to B2 4BB

38 th / 52
Price Rank
4% lower than average
43 rd / 52
Size Rank
25% smaller than average
7 th / 52
Price Per Sq FT Rank
27% higher than average

Compared to other properties in B2 4BB , this flat's estimated value ranks 38th out of 52. Based on price per square foot, it ranks 7th out of 52 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 43th out of 52 properties in its postcode area.

Sale History

Today
£224,907
streetscan.co.uk estimate
+48 %
13 Jun 2005
£151,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 431 sq ft
sale price: £165,000
sale date: 17 Feb 2017
rooms:
size: 452 sq ft
sale price: £125,000
sale date: 6 Nov 2015
rooms:
size: 474 sq ft
sale price: £103,000
sale date: 19 Mar 2015
rooms:
size: 452 sq ft
sale price: £150,000
sale date: 27 Aug 2008
rooms:
size: 452 sq ft
sale price: £149,950
sale date: 23 Mar 2007

Data Sources

The property at Apartment 501, St Martins Gate, 5 Worcester Street, Birmingham, West Midlands, B2 4BB appears once in the Land Registry records, with the transaction recorded on 13 Jun 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2024. 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.