2, Oak Tree Lane
2, Oak Tree Lane
Description & Estimates
2, Oak Tree Lane, Birmingham is recorded publicly as a modern freehold house across 2,245 ft2 of internal area, sitting on a 774 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Oak Tree Lane, Birmingham is £685,952 and its rental estimate is £2,285 per month, given the available information and assuming reasonable condition.
Oak Tree Lane, Hollywood, Birmingham, B47 falls within the B47 postal district, in the borough of Bromsgrove.
Our Data Sources
2, Oak Tree Lane, Birmingham has a single entry in the Land Registry from September 2011 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Oak Tree Lane, Birmingham, we estimate a market value of £720,250 and a rental value of £2,400 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £637,936 and £2,125 per month respectively.
Recent Market Change
Over the last year, 2, Oak Tree Lane, Birmingham has seen its estimated sale value fall by £12,206 (1.8%) and its estimated rental value move up by £20 per month (0.9%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 2, Oak Tree Lane, Birmingham as measuring 774 m2.
That makes it the largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
2, Oak Tree Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2011.
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 2, Oak Tree Lane, Birmingham completed on 23rd September 2011 at £440,000 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 24.7% over the period since September 2011.
- Sold Sep 2011£440,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Oak Tree Lane, Birmingham have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2022, was 14, Sycamore Drive, Birmingham, B47 5QX, a freehold house which sold for £687,500.
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 15 addresses on Oak Tree Lane, Hollywood, Birmingham, B47, 2, Oak Tree Lane, Birmingham comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £410k more expensive than the average property across the B47 district.
More reading links
Schools Nearby
- 500mCoppice Primary School
- 1.5kmTidbury Green School
- 1.5kmMeadow Green Primary School
- 500mWoodrush High School
- 3.0kmChrist Church, Church of England Secondary Academy
- 3.1kmLight Hall School
More reading links
Public Transport Nearby
From 2, Oak Tree Lane, Birmingham, the nearest station is Wythall, 800 metres away.
- 800mWythall
- 1.4kmWhitlocks End
- 2.4kmEarlswood (West Midlands)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
