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According to the public record, 2, Nickel Lane, Birmingham is a modern house with 936 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 2, Nickel Lane, Birmingham is £291,523 and the estimated rental value is £1,345 per month.
Nickel Lane, Birmingham, B24 is located in the borough of Birmingham within the B24 postal district.
2, Nickel Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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.
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 2, Nickel Lane, Birmingham is in very good condition we estimate a sale value of £306,100 and a rental value of £1,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,117 and a rental value of £1,251 per month.
Over the last 12 months the sale value of 2 Nickel Lane Birmingham has increased by an estimated £7,234 (2.5%) and its rental value has increased by an estimated £48 per month (3.5%), giving an expected gross yield of 5.5%.
2, Nickel Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Nickel Lane, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 2A, Nickel Lane, Birmingham, B24 9LJ, a leasehold house which sold for £143,075 on the 22nd March 2024.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nickel Lane, Birmingham, B24 has a total of 16 addresses. According to our analysis of all the public data, 2, Nickel Lane, Birmingham is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in B24.
The closest station to 2, Nickel Lane, Birmingham is Erdington station which is 1.3 kilometres away.
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 2, Nickel Lane, Birmingham, % of property is and % is .
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 2, Nickel Lane, Birmingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Nickel Lane, Birmingham, 0.0% 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 2, Nickel Lane, Birmingham, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.