1, Lakefield Close
1, Lakefield Close
Description & Estimates
According to the public record, 1, Lakefield Close, Birmingham is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Lakefield Close, Birmingham is £83,038 and the estimated rental value is £637 per month.
Lakefield Close, Birmingham, B28 is located in the borough of Birmingham within the B28 postal district.
Our Data Sources
1, Lakefield Close, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Lakefield Close, Birmingham is in very good condition we estimate a sale value of £87,190 and a rental value of £668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,225 and a rental value of £592 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Lakefield Close, Birmingham has moved down by £1,444 (1.7%), while its estimated rental value has increased by £7 per month (1.1%). Based on current estimates, the property offers a gross rental yield of 9.2%.
Energy Efficiency
1, Lakefield Close, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 1, Lakefield Close, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is 41, Lakefield Close, Birmingham, B28 8QZ, a leasehold flat which sold for £96,000 on the 29th April 2019.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lakefield Close, Birmingham, B28 has a total of 84 addresses. According to our analysis of all the public data, 1, Lakefield Close, Birmingham is the 75th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in B28.
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Schools Nearby
- 200mLakey Lane Primary School
- 600mSeverne Junior Infant and Nursery School
- 600mRobin Hood Academy
- 1.0kmNinestiles, an Academy
- 1.1kmLangley School
- 1.4kmHall Green School
More reading links
Public Transport Nearby
The closest station to 1, Lakefield Close, Birmingham is Hall Green station, which is 1.3 kilometres away.
- 1.3kmHall Green
- 1.5kmSpring Road
- 1.9kmOlton
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
