1, Nickel Lane
1, Nickel Lane
Description & Estimates
1, Nickel Lane, Birmingham is recorded publicly as a modern freehold house across 947 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Nickel Lane, Birmingham is £298,132 and its rental estimate is £1,376 per month, given the available information and assuming reasonable condition.
Nickel Lane, Birmingham, B24 falls within the B24 postal district, in the borough of Birmingham.
Our Data Sources
1, Nickel Lane, Birmingham has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Nickel Lane, Birmingham, we estimate a market value of £313,039 and a rental value of £1,445 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,263 and £1,280 per month respectively.
Recent Market Change
Over the last year, 1, Nickel Lane, Birmingham has seen its estimated sale value grow by £7,398 (2.5%) and its estimated rental value climb by £49 per month (3.5%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
1, Nickel Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Nickel Lane, Birmingham completed on 29th November 2024 at £285,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.8% over the period since November 2024.
- Sold Nov 2024£285,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Nickel Lane, Birmingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 9, Nickel Lane, Birmingham, B24 9LJ, a freehold house which sold for £285,000.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Nickel Lane, Birmingham, B24, 1, Nickel Lane, Birmingham comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £92k more expensive than the average property across the B24 district.
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Schools Nearby
- 400mSt Peter and St Paul RC Junior and Infant School
- 500mSaint Barnabas Church of England Primary School
- 500mBirches Green Primary School
- 1.1kmSt Edmund Campion Catholic School
- 1.1kmErdington Academy
- 2.1kmHodge Hill Girls' School
More reading links
Public Transport Nearby
From 1, Nickel Lane, Birmingham, the nearest station is Erdington, 1.3 kilometres away.
- 1.3kmErdington
- 1.7kmChester Road
- 2.0kmGravelly Hill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
