Flat 2, 126 Court Lane, Birmingham, B23 5RG is a leasehold flat built between 1930-1949. The property offers approximately 463 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 £74,470 , which equates to approximately £161 per square foot. It was last sold on 27 Jan 2022 for £70,000. Since then, the value has increased by £4,470, representing a 6.4% increase, or approximately 1.6% per year.

The current estimated value of £74,470 is:

  • 68.7% lower than the average property price on Court Lane
  • 57.6% lower than the average in the B23 5RG postcode area
  • and 72.9% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 28 September 2021, the property was recorded as owner-occupied.

View sold house prices in B23 5RG

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£74,470
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 126 Court Lane, Birmingham, West Midlands, B23 5RG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Nov 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 28 Sep 2021, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 152.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to B23 5RG

17 th / 17
Price Rank
58% lower than average
16 th / 16
Size Rank
47% smaller than average
16 th / 16
Price Per Sq FT Rank
20% lower than average

Compared to other properties in B23 5RG , this flat's estimated value ranks 17th out of 17. Based on price per square foot, it ranks 16th out of 16 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 16th out of 16 properties in its postcode area.

Sale History

Today
£74,470
streetscan.co.uk estimate
+6 %
27 Jan 2022
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £77,000
sale date: 30 Apr 2019
rooms: 2
size: 495 sq ft
sale price: £57,500
sale date: 14 Sep 2012
rooms: 2
size: 495 sq ft
sale price: £85,000
sale date: 12 Jan 2010
rooms: 2
size: 495 sq ft
sale price: £93,750
sale date: 24 Jul 2006

Data Sources

The property at Flat 2, 126 Court Lane, Birmingham, West Midlands, B23 5RG appears once in the Land Registry records, with the transaction recorded on 27 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 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.