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Property details for Flat 4, Gwenda Works, 18 Legge Lane, Birmingham B1 3LD

Historic details available for this property Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £213,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £213,000
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  • Value change
    6,100 (3.0%) 1,200 (0.6%) 2,050 (1.0%) 25,050 (13.3%) 30,800 (16.9%) 43,800 (25.9%) 41,350 (24.1%)  
    from 
  • Rental value
    £1,050 pcm
  • Confidence level
    87
  • Value range
    £200,000 - £225,000
  • Rental range
    £950 - £1,100 pcm

Monthly running costs Beta

£685 Monthly total
Remortgage
Property value
Loan amount (60%) 127,800
Repayment term 25
Interest rate 0.5
Your payment £453 /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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£218/yr)
Compare insurance deals now In partnership with
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £32 Electricity £36 Estimated energy cost £68/mo (£821/yr)

Reduce your energy costs by up to £167/year

  • You could save £167/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: 7900 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band C Council tax cost £117 /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 £16 Sewerage £13 Estimated water cost £29 /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: Flat | Tenure: Leasehold

This 2 bed leasehold flat is located at Gwenda Works, 18 Legge Lane, Birmingham B1 3LD and has an estimated current value of £213,000. Legge Lane, B1 has 25 houses and flats on it with a current average value of £171,806, compared to an average property value of £191,442 for B1. There have been 3 property sales on Legge Lane over the last 5 years with an average sold house price of £151,333. There are currently 101 properties to buy in B1 with an average asking price of £252,212 and 173 properties to rent in B1 with an average asking rent of £279 pw.

Property history

Property history Gwenda Works, Legge Lane, Birmingham B1

Previously listed for rent on 16th Feb 2012 for £850 pcm

2 bed flat

Property history of Flat 4, Gwenda Works, 18 Legge Lane, Birmingham B1 3LD

Available 24th March.Converted grade 2 listed building in the heart of the Jewellery Quarter. Fully furnished two bedroom apartment with terrace. Secure entry. Allocated parking. Close to leafy St Pauls Square and the exclusive bars and restaurants of...

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £177,482 Sales 232 Current average value £191,442 (Zoopla Zed-Index) Value change £11,023 ▲ 6.11%

What is the current average value of properties in B1?

The current average value in B1 in December 2016 is £191,442. This has increased 3.29% from September 2016. Terraced properties sold for a current average value of £177,877 and semi-detached properties valued £223,984. In the past year property prices in B1 have increased 6.11%. This is according to the current Zoopla estimates.

Property value data/graphs for B1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £283,466 - 4.4 -
Semi-detached £223,984 £291 3.1 -
Terraced £177,877 £192 2.7 £199,433
Flats £191,486 £268 1.6 £176,899

Current asking prices in B1

Average: £227,955
Avg. current asking prices in B1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £157,000
(1)
£353,000
(5)
£469,650
(3)
-
Flats £162,260
(42)
£233,649
(40)
£576,225
(4)
- -
All £162,260
(42)
£231,779
(41)
£452,211
(9)
£469,650
(3)
-

Current asking rents in B1

Average: £902 pcm
Avg. current asking prices in B1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £482 pcm
(3)
£897 pcm
(1)
£1,483 pcm
(3)
£520 pcm
(4)
-
Flats £740 pcm
(54)
£1,065 pcm
(53)
£1,495 pcm
(3)
- -
All £727 pcm
(57)
£1,062 pcm
(54)
£1,489 pcm
(6)
£520 pcm
(4)
-

Fun facts for B1

Highest value in B1
Highest value streets Zed-Index
Wharfside Street £247,213
Berkley Street £244,738
Washington Wharf £241,027
Paradise Street £234,360
Holloway Circus Queensway £226,639
Highest turnover in B1
Highest turnover streets Turnover
Suffolk Street Queensway 31.1%
Upper William Street 25.0%
Scotland Street 23.3%
Waterfront Walk 22.2%
King Edwards Road 22.0%

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Overall rating:

  • currently 4 stars
Very good - 76% (336 ratings)

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