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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
29, Metchley Lane, Birmingham is recorded publicly as a modern freehold house across 1,636 ft2 of internal area, sitting on a 134 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 29, Metchley Lane, Birmingham is £582,270 and its rental estimate is £2,259 per month, given the available information and assuming reasonable condition.
Metchley Lane, Birmingham, B17 falls within the B17 postal district, in the borough of Birmingham.
29, Metchley Lane, Birmingham has 41 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 29, Metchley Lane, Birmingham, we estimate a market value of £611,384 and a rental value of £2,372 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £541,512 and £2,101 per month respectively.
Over the last year, 29, Metchley Lane, Birmingham has seen its estimated sale value decrease by £36,724 (6.3%) and its estimated rental value decline by £32 per month (1.4%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 29, Metchley Lane, Birmingham as measuring 134 m2.
That makes it the 15th largest plot in the postcode, where 23 of the 28 other houses have recorded plot data.
29, Metchley Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 29, Metchley Lane, Birmingham completed on 31st March 2023 at £561,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 6.7% over the period since March 2023.
Over the past 2 years 3 properties similar to 29, Metchley Lane, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2022, was 23, Clarence Road, Birmingham, B17 9LA, a freehold house which sold for £555,000.
Read more about house prices in B17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 203 addresses on Metchley Lane, Birmingham, B17, 29, Metchley Lane, Birmingham comes out as the 22nd largest and the 10th most expensive in our analysis of the public data.
It is also £220k more expensive than the average property across the B17 district.
From 29, Metchley Lane, Birmingham, the nearest station is University (Birmingham), 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, Metchley Lane, Birmingham, 35.4% of property is privately rented and 30.4% 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 29, Metchley Lane, Birmingham, 19.7% of residents are recorded as possessing school level qualifications and 69.8% 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 29, Metchley Lane, Birmingham, the average age was 38.5 and the most common age was 32.
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 29, Metchley Lane, Birmingham, 2.5% 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 29, Metchley Lane, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
