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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Slack Lane, Birmingham is £116,538 and the estimated rental value is £594 per month.
Slack Lane, Birmingham, B20 is located in the borough of Birmingham within the B20 postal district.
31, Slack Lane, Birmingham has 2 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 31, Slack Lane, Birmingham is in very good condition we estimate a sale value of £122,365 and a rental value of £624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,380 and a rental value of £552 per month.
Over the last 12 months the sale value of 31 Slack Lane Birmingham has decreased by an estimated £1,140 (1.0%) and its rental value has increased by an estimated £6 per month (1.0%), giving an expected gross yield of 6.1%.
31, Slack Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 31, Slack Lane, Birmingham was last sold on 22nd February 2013 for £71,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has risen 66.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Slack Lane, Birmingham within a radius of 420 metres over the last 2 years.
The most recent example is 33, Slack Lane, Birmingham, B20 2JL, a leasehold flat which sold for £88,500 on the 6th December 2019.
Read more about house prices in B20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Slack Lane, Birmingham, B20 has a total of 17 addresses. According to our analysis of all the public data, 31, Slack Lane, Birmingham is the 2nd largest and the 11th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in B20.
The closest station to 31, Slack Lane, Birmingham is Hamstead (Birmingham) station which is 1.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 31, Slack Lane, Birmingham, 38.9% of property is privately rented and 35.4% is socially rented.
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 31, Slack Lane, Birmingham, 18.9% of residents are recorded as possessing school level qualifications and 21.7% 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 31, Slack Lane, Birmingham, the average age was 35.8 and the most common age was 22.
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 31, Slack 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 31, Slack Lane, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.