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Park Lane is a residential street with 4 addresses.
It ranks as the 71st largest and 524th most expensive of the 576 streets in the WS13 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 4 properties: 4 houses.
Park Lane is a residential street with 4 addresses.
It ranks as the 71st largest and 524th most expensive of the 576 streets in the WS13 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 4 properties: 4 houses.
Sale prices range from £310,783 for 2 bedroom freehold houses with a garden (548 ft2) to £738,494 for 5 bedroom freehold houses with a garden (2,701 ft2) .
Monthly rental prices range from £1,158 pcm for 2 bed houses to £2,341 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 4.5%.
The average value per square foot is £310.
The last sale on Park Lane sold for £200,000 on 1st February 2019. Since then prices are up an average of 32.6%.
The current average value in the street is £554,135.
The Park Lane Sales Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.6% | £554,135 |
| May 2025 | 2.6% | £551,043 |
| May 2024 | 0.9% | £537,236 |
| May 2023 | 3.2% | £532,187 |
| May 2022 | 9.8% | £515,729 |
| May 2021 | 4.8% | £469,815 |
| May 2020 | 2.2% | £448,096 |
| May 2019 | 2.4% | £438,421 |
| May 2018 | 2% | £428,172 |
| May 2017 | 5.3% | £419,625 |
| May 2016 | 6.4% | £398,628 |
| May 2015 | 7.6% | £374,489 |
| May 2014 | 5.5% | £347,958 |
| May 2013 | 1.8% | £329,859 |
| May 2012 | 0.2% | £323,999 |
| May 2011 | 0% | £323,503 |
| May 2010 | 8.7% | £323,584 |
| May 2009 | -10% | £297,654 |
| May 2008 | -0.5% | £330,813 |
| May 2007 | 0% | £332,510 |
The current average rental value in the street is £1,849.
The Park Lane Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,849pcm |
| May 2025 | 4.4% | £1,783pcm |
| May 2024 | 9% | £1,708pcm |
| May 2023 | 8% | £1,567pcm |
| May 2022 | 6.9% | £1,451pcm |
| May 2021 | 5.7% | £1,357pcm |
| May 2020 | 2% | £1,284pcm |
| May 2019 | 1% | £1,259pcm |
| May 2018 | 2.5% | £1,246pcm |
| May 2017 | 2.3% | £1,216pcm |
| May 2016 | 3.6% | £1,189pcm |
| May 2015 | 4.4% | £1,148pcm |
| May 2014 | 2.5% | £1,100pcm |
| May 2013 | 0.9% | £1,073pcm |
| May 2012 | 2.1% | £1,064pcm |
| May 2011 | 2.2% | £1,042pcm |
| May 2010 | 4% | £1,020pcm |
| May 2009 | -4.2% | £980pcm |
| May 2008 | 2.2% | £1,023pcm |
| May 2007 | 0% | £1,001pcm |
The last sale was on 1st February 2019 for £200,000 and since then the market in the area has increased by 32.6%. The street has had a total of 5 sales since 1995.
Park Lane, Lichfield, WS13 has seen no sales in the last three years and no sales in the last twelve months.
Park Lane, Lichfield, WS13 is the 71st largest and the 524th most expensive street in the WS13 area.
There are 2 postcodes on Park Lane, Lichfield, WS13.
The closest station to Park Lane, Lichfield, WS13 is Lichfield Trent Valley station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Park Lane, Lichfield, WS13, 43.8% of property is privately owned outright and 33.7% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Park Lane, Lichfield, WS13, 13.2% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Park Lane, Lichfield, WS13, the average age was 41.7 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Park Lane, Lichfield, WS13, 0.9% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Park Lane, Lichfield, WS13, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.