3, Parkesine Lane
3, Parkesine Lane
Description & Estimates
The public record describes 3, Parkesine Lane, Birmingham as a modern house with 1,076 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Parkesine Lane, Birmingham has an estimated sale value of £337,994 and an estimated rental value of £1,546 per month, assuming reasonable condition and based on the information available.
Parkesine Lane, Birmingham, B24 lies in the borough of Birmingham, within the B24 postal district.
Our Data Sources
3, Parkesine Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Parkesine Lane, Birmingham would be worth £354,894, with a potential rental value of £1,623 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £314,335, with a rental value of £1,438 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 3, Parkesine Lane, Birmingham has moved up by £2,667 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £22 (1.4%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
3, Parkesine Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 3, Parkesine Lane, Birmingham across the last 2 years.
Most recently, 77, Nocks Avenue, Birmingham, B24 9NB, a freehold house, sold at £268,000 on the 31st May 2024.
Read more about house prices in B24.
•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 3, Parkesine Lane, Birmingham as the 6th largest and the 5th most expensive of the 16 addresses on Parkesine Lane, Birmingham, B24.
Against the B24 postcode district average, it is £131k more expensive than the typical property.
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Schools Nearby
- 300mSt Peter and St Paul RC Junior and Infant School
- 500mPaget Primary School
- 500mBirches Green Primary School
- 1.1kmSt Edmund Campion Catholic School
- 1.2kmErdington Academy
- 2.1kmHodge Hill Girls' School
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Public Transport Nearby
Erdington station is the nearest stop to 3, Parkesine Lane, Birmingham at 1.3 kilometres away.
- 1.3kmErdington
- 1.7kmChester Road
- 2.0kmGravelly Hill
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
