Apartment 506, St Martins Gate, 5 Worcester Street, Birmingham, B2 4BB is a leasehold flat built in 2024. The property offers approximately 592 square feet of living space and is situated on the 2nd 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 £306,710 , which equates to approximately £518 per square foot. It was last sold on 19 May 2005 for £205,995. Since then, the value has increased by £100,715, representing a 48.9% increase, or approximately 2.4% per year.

The current estimated value of £306,710 is:

  • 29.6% higher than the average property price on Worcester Street
  • 30.8% higher than the average in the B2 4BB postcode area
  • and 5.2% higher 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
592 sq ft
Tenure
Leasehold
Floor level
2nd floor of 6
Price (estimate)
£306,710
Price Per sq ft (estimate)
£518
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 506, 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 21 Oct 2011, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 33.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average 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 system built, as built, insulated (assumed) to average thermal transmittance 0.39 w/m-¦k, with no change in energy efficiency (good).
  • The windows were upgraded from fully double glazed to high performance glazing.
  • The lighting was updated from no low energy lighting to good lighting efficiency, with efficiency improving from very poor 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 0.39 W/m-¦K
Good
Windows
High performance glazing
Very Good
Lighting
Good lighting efficiency
Good

Compared to B2 4BB

5 th / 52
Price Rank
31% higher than average
35 th / 52
Size Rank
1% smaller than average
2 nd / 52
Price Per Sq FT Rank
32% higher than average

Compared to other properties in B2 4BB , this flat's estimated value ranks 5th out of 52. Based on price per square foot, it ranks 2nd 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 35th out of 52 properties in its postcode area.

Sale History

Today
£306,710
streetscan.co.uk estimate
+49 %
19 May 2005
£205,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 603 sq ft
sale price: £180,000
sale date: 15 Dec 2020
rooms:
size: 678 sq ft
sale price: £191,500
sale date: 23 Oct 2017
rooms:
size: 603 sq ft
sale price: £175,000
sale date: 21 Jul 2017
rooms:
size: 592 sq ft
sale price: £180,000
sale date: 14 Jul 2017
rooms:
size: 614 sq ft
sale price: £165,000
sale date: 24 Mar 2017

Data Sources

The property at Apartment 506, St Martins Gate, 5 Worcester Street, Birmingham, West Midlands, B2 4BB appears once in the Land Registry records, with the transaction recorded on 19 May 2005. It also has two 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.


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