18, Parkesine Lane
18, Parkesine Lane
Description & Estimates
According to the public record, 18, Parkesine Lane, Birmingham is a modern freehold house with 979 ft2 of internal area.
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 18, Parkesine Lane, Birmingham is £330,390 and the estimated rental value is £1,485 per month.
Parkesine Lane, Birmingham, B24 is located in the borough of Birmingham within the B24 postal district.
Our Data Sources
18, Parkesine Lane, Birmingham has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 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
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 18, Parkesine Lane, Birmingham is in very good condition we estimate a sale value of £346,909 and a rental value of £1,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,262 and a rental value of £1,381 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Parkesine Lane, Birmingham has increased by £8,198 (2.5%), while its estimated rental value has grown by £52 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
18, Parkesine Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 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
According to HM Land Registry, 18, Parkesine Lane, Birmingham was last sold on 31st October 2023 for £345,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped by 8.5%.
- Sold Oct 2023£345,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Parkesine Lane, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 13, Nickel Lane, Birmingham, B24 9LJ, a freehold house which sold for £359,000 on the 17th December 2024.
Read more about house prices in B24.
- Sold Dec 2024£359,000 | 3 Bed House13, Nickel Lane, Birmingham, B24 9LJ13, Nickel Lane, Birmingham, B24 9LJ
- Sold Dec 2023£350,000 | 3 Bed House5, Manor Way, Birmingham, B24 9QD5, Manor Way, Birmingham, B24 9QD
- Sold Nov 2023£350,000 | 3 Bed House15, Manor Way, Birmingham, B24 9QD15, Manor Way, Birmingham, B24 9QD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Parkesine Lane, Birmingham, B24 has a total of 16 addresses. According to our analysis of all the public data, 18, Parkesine Lane, Birmingham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in B24.
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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
The closest station to 18, Parkesine Lane, Birmingham is Erdington station, which is 1.3 kilometres away.
- 1.3kmErdington
- 1.7kmChester Road
- 2.0kmGravelly Hill
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
