240, Wheelers Lane
240, Wheelers Lane
Description & Estimates
Public records show 240, Wheelers Lane, Birmingham to be an early-century freehold house with 1,969 ft2 of internal area, sitting on a 681 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
240, Wheelers Lane, Birmingham has an estimated sale value of £547,767 and an estimated rental value of £1,797 per month, assuming reasonable condition and based on the information available.
Wheelers Lane, Birmingham, B13 lies in the borough of Birmingham, within the B13 postal district.
Our Data Sources
240, Wheelers Lane, Birmingham has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 240, Wheelers Lane, Birmingham would be worth £575,155, with a potential rental value of £1,887 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £509,423, with a rental value of £1,672 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 240, Wheelers Lane, Birmingham has moved down by £16,194 (3.0%) over the last year. During the same period, its estimated monthly rental value has decreased by £14 (0.8%). The property's estimated gross yield is currently 3.9%.
Plot Size
240, Wheelers Lane, Birmingham occupies a 681 m2 plot as recorded by HM Land Registry.
All 22 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
240, Wheelers Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
240, Wheelers Lane, Birmingham last changed hands on 24th January 2020, selling for £480,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.5% since January 2020.
- Sold Jan 2020£480,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 240, Wheelers Lane, Birmingham across the last 2 years.
Most recently, 26, Hollie Lucas Road, Birmingham, B13 0QL, a freehold house, sold at £560,000 on the 4th April 2024.
Read more about house prices in B13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 240, Wheelers Lane, Birmingham as the 17th largest and the 28th most expensive of the 167 addresses on Wheelers Lane, Birmingham, B13.
Against the B13 postcode district average, it is £241k more expensive than the typical property.
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Schools Nearby
- 600mWheelers Lane Primary School
- 700mSt Dunstan's Catholic Primary School
- 1.0kmBillesley Primary School
- 200mSwanshurst School
- 600mWheelers Lane Technology College
- 700mKings Heath Secondary School
More reading links
Public Transport Nearby
Yardley Wood station is the nearest stop to 240, Wheelers Lane, Birmingham at 2.0 kilometres away.
- 2.0kmYardley Wood
- 2.5kmHall Green
- 3.2kmBournville
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
