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Property details for 49 Mearse Lane, Barnt Green, Birmingham B45 8HJ

Detached house, Freehold, 9 Beds, 5 Baths, 5 Receps - Edit
Zoopla Estimate: £2,534,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £2,534,000
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  • Value change
    96,300 (4.0%) 236,150 (10.3%) 288,500 (12.8%) 429,300 (20.4%) 562,000 (28.5%) 566,400 (28.8%) 727,600 (40.3%)  
    from 
  • Rental value
    £7,900 pcm
  • Confidence level
    84
  • Value range
    £2,376,000 - £2,692,000
  • Rental range
    £7,000 - £8,850 pcm

Monthly running costs Beta

£5,937 Monthly total
Remortgage
Property value
Loan amount (60%) 1,520,400
Repayment term 25
Interest rate 0.5
Your payment £5,392 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £91 Electricity £95 Estimated energy cost £186/mo (£2,240/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 24900 kWh/year
Electricity: 6800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bromsgrove

Estimated tax band H Council tax cost £313 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £27 Sewerage £19 Estimated water cost £46 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Detached house | Tenure: Freehold | Last sale: £2,025,000 | Sale date: 29th Aug 2006 - Previous sales
Property type: Detached house | Tenure: Freehold | Previous sale: £1,100,000 | Sale date: 20th Aug 2003

This 9 bed freehold detached house is located at 49 Mearse Lane, Barnt Green, Birmingham B45 8HJ and has an estimated current value of £2,534,000. Mearse Lane has 41 houses on it with a average current value of £1,108,355, compared to an an average property value of £267,380 for B45. There have been 15 property sales on Mearse Lane, B45 over the last 5 years with an average house price paid of £761,334 and this detached house was last sold on 29th Aug 2006 for £2,025,000. There are currently 66 houses and flats to buy in B45 with an average asking price of £312,106 and 34 homes to rent in B45 with an average asking rent of £195 pw.

Owner info

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Market activity
Average price paid £237,770 Sales 396 Current average value £267,380 (Zoopla Zed-Index) Value change £18,434 ▲ 7.41%

What is the current average value of properties in B45?

The current average value in B45 in December 2016 is £267,380. This has increased 2.23% from September 2016. Terraced properties sold for a current average value of £160,403 and semi-detached properties valued £207,646. In the past year property prices in B45 have increased 7.41%. This is according to the current Zoopla estimates.

Property value data/graphs for B45

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £551,251 £308 4.0 £488,727
Semi-detached £207,646 £228 3.0 £188,085
Terraced £160,403 £186 2.8 £137,249
Flats £125,418 £221 1.9 £100,378

Current asking prices in B45

Average: £311,266
Avg. current asking prices in B45
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £175,470
(5)
£177,788
(20)
£414,975
(6)
£905,606
(8)
Flats £77,461
(9)
£102,767
(9)
£375,000
(2)
- -
All £77,461
(9)
£128,732
(14)
£195,716
(22)
£414,975
(6)
£905,606
(8)

Current asking rents in B45

Average: £849 pcm
Avg. current asking prices in B45
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £459 pcm
(1)
£680 pcm
(5)
£736 pcm
(8)
£1,999 pcm
(3)
-
Flats £457 pcm
(5)
£570 pcm
(5)
£650 pcm
(1)
- -
All £457 pcm
(6)
£625 pcm
(10)
£727 pcm
(9)
£1,999 pcm
(3)
-

Fun facts for B45

Highest value in B45
Highest value streets Zed-Index
Cherry Hill Road £1,196,695
Fairlight Drive £1,122,673
Mearse Lane £1,108,355
Plymouth Road £1,019,065
Shepley Road £1,002,600
Highest turnover in B45
Highest turnover streets Turnover
Rowberrie Close 58.3%
Cofton Court 55.6%
Willow Tree Drive 46.2%
Newey Close 41.7%
Brookdale Close 40.0%

What Zoopla users think of Barnt Green

Overall rating:

  • currently 4 stars
Very good - 79%

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