Apartment 502, St Martins Gate, 5 Worcester Street, Birmingham, B2 4BB is a leasehold flat built in 2024. The property offers approximately 474 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 £155,193 , which equates to approximately £328 per square foot. It was last sold on 19 Mar 2015 for £103,000. Since then, the value has increased by £52,193, representing a 50.7% increase, or approximately 4.7% per year.

The current estimated value of £155,193 is:

  • 34.4% lower than the average property price on Worcester Street
  • 33.8% lower than the average in the B2 4BB postcode area
  • and 46.7% 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 owner-occupied and once as rented, indicating a change in how it was used over time.

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
474 sq ft
Tenure
Leasehold
Floor level
3rd floor of 6
Price (estimate)
£155,193
Price Per sq ft (estimate)
£328
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 502, 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 22 Aug 2022, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 22.7%.

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, improving energy efficiency from average to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to average thermal transmittance 0.25 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 71% of 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 0.25 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Good lighting efficiency
Good

Compared to B2 4BB

39 th / 52
Price Rank
34% lower than average
40 th / 52
Size Rank
21% smaller than average
15 th / 52
Price Per Sq FT Rank
16% lower than average

Compared to other properties in B2 4BB , this flat's estimated value ranks 39th out of 52. Based on price per square foot, it ranks 15th 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 40th out of 52 properties in its postcode area.

Sale History

Today
£155,193
streetscan.co.uk estimate
+51 %
19 Mar 2015
£103,000
Leasehold
-31.3 %
31 Jan 2006
£150,000
Leasehold
+25 %
28 Nov 2005
£120,000
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: 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
rooms:
size: 452 sq ft
sale price: £73,750
sale date: 4 Jun 2006

Data Sources

The property at Apartment 502, St Martins Gate, 5 Worcester Street, Birmingham, B2 4BB appears three times in the Land Registry records, with the latest transaction recorded on 19 Mar 2015. 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.