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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 280, Shady Lane, Birmingham is £98,048 and the estimated rental value is £804 per month.
Shady Lane, Birmingham, B44 is located in the borough of Birmingham within the B44 postal district.
280, Shady Lane, Birmingham has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated June 2020.
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.
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 280, Shady Lane, Birmingham is in very good condition we estimate a sale value of £102,950 and a rental value of £844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,184 and a rental value of £748 per month.
Over the last 12 months the sale value of 280 Shady Lane Birmingham has increased by an estimated £1,016 (1.0%) and its rental value has increased by an estimated £17 per month (2.2%), giving an expected gross yield of 9.8%.
280, Shady Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
According to HM Land Registry, 280, Shady Lane, Birmingham was last sold on 2nd October 2020 for £83,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 51.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 280, Shady Lane, Birmingham within a radius of 700 metres over the last 2 years.
The most recent example is 86, Darleydale Avenue, Birmingham, B44 9UP, a leasehold flat which sold for £95,000 on the 30th July 2021.
Read more about house prices in B44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shady Lane, Birmingham, B44 has a total of 131 addresses. According to our analysis of all the public data, 280, Shady Lane, Birmingham is the 120th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in B44.
The closest station to 280, Shady Lane, Birmingham is Hamstead (Birmingham) station which is 2.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 280, Shady Lane, Birmingham, 32.8% of property is socially rented and 28.8% is privately owned outright.
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 280, Shady Lane, Birmingham, 19.4% of residents are recorded as possessing school level qualifications and 18.7% 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 280, Shady Lane, Birmingham, the average age was 40.9 and the most common age was 57.
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 280, Shady Lane, Birmingham, 0.4% 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 280, Shady Lane, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.