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According to the public record, 245, Broad Lane, Birmingham is a early-century house with 904 ft2 of internal area and sits on a 276 m2 plot.
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 245, Broad Lane, Birmingham is £285,550 and the estimated rental value is £1,436 per month.
Broad Lane, Birmingham, B14 is located in the borough of Birmingham within the B14 postal district.
245, Broad Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 245, Broad Lane, Birmingham is in very good condition we estimate a sale value of £299,828 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,562 and a rental value of £1,336 per month.
Over the last 12 months the sale value of 245 Broad Lane Birmingham has decreased by an estimated £148 (0.1%) and its rental value has increased by an estimated £45 per month (3.1%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 245, Broad Lane, Birmingham sits on a plot of 276m2.
We have plot size data on 34 out of 35 other houses in the postcode and 245, Broad Lane, Birmingham sits on the 32nd largest plot.
245, Broad Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. 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 245, Broad Lane, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is 47, Wyche Avenue, Birmingham, B14 6LG, a freehold house which sold for £305,000 on the 21st October 2024.
Read more about house prices in B14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Birmingham, B14 has a total of 174 addresses. According to our analysis of all the public data, 245, Broad Lane, Birmingham is the 100th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in B14.
The closest station to 245, Broad Lane, Birmingham is Kings Norton station which is 2.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 245, Broad Lane, Birmingham, 47.8% of property is privately owned outright and 34.5% is privately owned with a mortgage.
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 245, Broad Lane, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 36.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 245, Broad Lane, Birmingham, the average age was 39.2 and the most common age was 52.
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 245, Broad 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 245, Broad Lane, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
