10, Parkesine Lane
10, Parkesine Lane
Description & Estimates
10, Parkesine Lane, Birmingham is recorded publicly as a modern freehold house across 678 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 10, Parkesine Lane, Birmingham is £272,489 and its rental estimate is £1,354 per month, given the available information and assuming reasonable condition.
Parkesine Lane, Birmingham, B24 falls within the B24 postal district, in the borough of Birmingham.
Our Data Sources
10, Parkesine Lane, Birmingham has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 10, Parkesine Lane, Birmingham, we estimate a market value of £286,114 and a rental value of £1,422 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,415 and £1,260 per month respectively.
Recent Market Change
Over the last year, 10, Parkesine Lane, Birmingham has seen its estimated sale value increase by £6,762 (2.5%) and its estimated rental value grow by £48 per month (3.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
10, Parkesine Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2023.
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 10, Parkesine Lane, Birmingham completed on 30th November 2023 at £247,000 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 8.8% over the period since November 2023.
- Sold Nov 2023£247,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10, Parkesine Lane, Birmingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 44, Nocks Avenue, Birmingham, B24 9NB, a freehold house which sold for £245,000.
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 Parkesine Lane, Birmingham, B24, 10, Parkesine Lane, Birmingham comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £66k more expensive than the average property across the B24 district.
More reading links
Schools Nearby
- 300mSt Peter and St Paul RC Junior and Infant School
- 500mPaget Primary School
- 500mBirches Green Primary School
- 1.1kmSt Edmund Campion Catholic School
- 1.2kmErdington Academy
- 2.1kmHodge Hill Girls' School
More reading links
Public Transport Nearby
From 10, Parkesine 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.
