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According to the public record, 116, Drews Lane, Birmingham is a mid-century freehold house with 968 ft2 of internal area and sits on a 887 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Drews Lane, Birmingham is £157,172 and the estimated rental value is £833 per month.
Drews Lane, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
116, Drews Lane, Birmingham has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 116, Drews Lane, Birmingham is in very good condition we estimate a sale value of £165,031 and a rental value of £874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,170 and a rental value of £774 per month.
Over the last 12 months the sale value of 116 Drews Lane Birmingham has decreased by an estimated £6,955 (4.4%) and its rental value has increased by an estimated £6 per month (0.7%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 116, Drews Lane, Birmingham sits on a plot of 887m2.
We have plot size data on 46 out of 50 other houses in the postcode and 116, Drews Lane, Birmingham sits on the largest plot.
116, Drews Lane, Birmingham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Nov 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 116, Drews Lane, Birmingham was last sold on 13th February 2024 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2024, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Drews Lane, Birmingham within a radius of 740 metres over the last 2 years.
The most recent example is 8, Wallbank Road, Birmingham, B8 2EX, a freehold house which sold for £201,000 on the 16th December 2022.
Read more about house prices in B8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drews Lane, Birmingham, B8 has a total of 158 addresses. According to our analysis of all the public data, 116, Drews Lane, Birmingham is the 45th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in B8.
The closest station to 116, Drews Lane, Birmingham is Gravelly Hill station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 116, Drews Lane, Birmingham, 41.0% of property is privately owned with a mortgage and 29.1% is privately owned outright.
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 116, Drews Lane, Birmingham, 33.1% of residents are recorded as possessing school level qualifications and 19.7% 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 116, Drews Lane, Birmingham, the average age was 30.4 and the most common age was 17.
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 116, Drews Lane, Birmingham, 0.2% 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 116, Drews Lane, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
