12, Gorsey Lane
12, Gorsey Lane
Description & Estimates
12, Gorsey Lane, Birmingham is recorded publicly as an early-century freehold house across 1,237 ft2 of internal area, sitting on a 896 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 12, Gorsey Lane, Birmingham is £513,637 and its rental estimate is £1,830 per month, given the available information and assuming reasonable condition.
Gorsey Lane, Wythall, Birmingham, B47 falls within the B47 postal district, in the borough of Bromsgrove.
Our Data Sources
12, Gorsey Lane, Birmingham has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated April 2015.
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 12, Gorsey Lane, Birmingham, we estimate a market value of £539,319 and a rental value of £1,921 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £477,683 and £1,702 per month respectively.
Recent Market Change
Over the last year, 12, Gorsey Lane, Birmingham has seen its estimated sale value drop by £6,407 (1.2%) and its estimated rental value rise by £29 per month (1.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 12, Gorsey Lane, Birmingham as measuring 896 m2.
That makes it the 7th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
12, Gorsey Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Gorsey Lane, Birmingham completed on 6th July 2015 at £340,000 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 risen by 10.1% over the period since July 2015.
- Sold Jul 2015£340,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Gorsey Lane, Birmingham have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2024, was 397, Alcester Road, Birmingham, B47 6JL, a freehold house which sold for £550,000.
Read more about house prices in B47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 39 addresses on Gorsey Lane, Wythall, Birmingham, B47, 12, Gorsey Lane, Birmingham comes out as the 16th largest and the 15th most expensive in our analysis of the public data.
It is also £238k more expensive than the average property across the B47 district.
More reading links
Schools Nearby
- 300mMeadow Green Primary School
- 1.4kmCoppice Primary School
- 2.2kmTidbury Green School
- 1.2kmWoodrush High School
- 4.2kmChrist Church, Church of England Secondary Academy
- 4.3kmLight Hall School
More reading links
Public Transport Nearby
From 12, Gorsey Lane, Birmingham, the nearest station is Wythall, 1.1 kilometres away.
- 1.1kmWythall
- 1.9kmEarlswood (West Midlands)
- 2.6kmWhitlocks End
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
