23, Lakey Lane
23, Lakey Lane
Description & Estimates
23, Lakey Lane, Birmingham is recorded publicly as an early-century freehold house across 721 ft2 of internal area, sitting on a 174 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Lakey Lane, Birmingham is £197,508 and its rental estimate is £1,147 per month, given the available information and assuming reasonable condition.
Lakey Lane, Birmingham, B28 falls within the B28 postal district, in the borough of Birmingham.
Our Data Sources
23, Lakey Lane, Birmingham has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated March 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
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 23, Lakey Lane, Birmingham, we estimate a market value of £207,384 and a rental value of £1,205 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £183,683 and £1,067 per month respectively.
Recent Market Change
Over the last year, 23, Lakey Lane, Birmingham has seen its estimated sale value move down by £263 (0.1%) and its estimated rental value increase by £34 per month (3.0%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 23, Lakey Lane, Birmingham as measuring 174 m2.
That makes it the 9th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
23, Lakey Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Lakey Lane, Birmingham completed on 30th September 2022 at £165,000 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 3.6% over the period since September 2022.
- Sold Sep 2022£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Lakey Lane, Birmingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th November 2015, was 25, Lakey Lane, Birmingham, B28 9DU, a freehold house which sold for £143,000.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 178 addresses on Lakey Lane, Birmingham, B28, 23, Lakey Lane, Birmingham comes out as the 159th largest and the 158th most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the B28 district.
More reading links
Schools Nearby
- 400mHall Green Junior School
- 400mHall Green Infant School
- 600mLakey Lane Primary School
- 600mHall Green School
- 900mNinestiles, an Academy
- 1.8kmArchbishop Ilsley Catholic School
More reading links
Public Transport Nearby
From 23, Lakey Lane, Birmingham, the nearest station is Hall Green, 600 metres away.
- 600mHall Green
- 1.2kmSpring Road
- 1.6kmYardley Wood
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.
