238, Cromwell Lane
238, Cromwell Lane
Description & Estimates
238, Cromwell Lane, Birmingham is recorded publicly as a mid-century leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 238, Cromwell Lane, Birmingham is £102,700 and its rental estimate is £508 per month, given the available information and assuming reasonable condition.
Cromwell Lane, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
Our Data Sources
238, Cromwell Lane, Birmingham has 41 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated September 2023.
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 238, Cromwell Lane, Birmingham, we estimate a market value of £107,835 and a rental value of £534 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,511 and £473 per month respectively.
Recent Market Change
Over the last year, 238, Cromwell Lane, Birmingham has seen its estimated sale value move down by £1,306 (1.3%) and its estimated rental value increase by £12 per month (2.4%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
238, Cromwell Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2023.
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 238, Cromwell Lane, Birmingham completed on 7th November 2019 at £75,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 41.7% over the period since November 2019.
- Sold Nov 2019£75,500
- Sold Dec 2005£72,950
- Sold Oct 2005£66,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 238, Cromwell Lane, Birmingham have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2022, was 232, Cromwell Lane, Birmingham, B31 1AU, a leasehold flat which sold for £90,000.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 137 addresses on Cromwell Lane, Birmingham, B31, 238, Cromwell Lane, Birmingham comes out as the 102nd largest and the 114th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the B31 district.
More reading links
Schools Nearby
- 500mWoodcock Hill Primary School
- 600mSt Michael's Church of England Primary School
- 700mSt Peter's Catholic Primary School
- 600mKing Edward VI Five Ways School
- 700mBartley Green School
- 1.0kmE-ACT Shenley Academy
More reading links
Public Transport Nearby
From 238, Cromwell Lane, Birmingham, the nearest station is Northfield, 3.2 kilometres away.
- 3.2kmNorthfield
- 3.9kmSelly Oak
- 4.1kmLongbridge
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.
