362, Tessall Lane
362, Tessall Lane
Description & Estimates
362, Tessall Lane, Birmingham appears in the public record as a freehold house sitting on a 300 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,268 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 362, Tessall Lane, Birmingham is £288,777 and its rental estimate is £876 per month, given the available information and assuming reasonable condition.
Tessall Lane, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
Our Data Sources
362, Tessall Lane, Birmingham has 41 entries in the Land Registry , most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 362, Tessall Lane, Birmingham, we estimate a market value of £303,216 and a rental value of £920 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,562 and £814 per month respectively.
Recent Market Change
Over the last year, 362, Tessall Lane, Birmingham has seen its estimated sale value drop by £6,295 (2.2%) and its estimated rental value rise by £8 per month (0.9%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 362, Tessall Lane, Birmingham as measuring 300 m2.
That makes it the 8th largest plot in the postcode, where 18 of the 26 other houses have recorded plot data.
Sold Prices
The most recent sale of 362, Tessall Lane, Birmingham completed on 9th February 2018 at £232,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 44.9% over the period since February 2018.
- Sold Feb 2018£232,000
- Sold Aug 2008£160,000
- Sold Sep 1995£55,600
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 362, Tessall Lane, Birmingham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 23, Great Farley Drive, Birmingham, B31 5HG, a freehold house which sold for £260,000.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 298 addresses on Tessall Lane, Birmingham, B31, 362, Tessall Lane, Birmingham comes out as the 24th largest and the 91st most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the B31 district.
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Schools Nearby
- 800mMerritts Brook Primary E-ACT Academy
- 800mForestdale Primary School
- 900mThe Meadows Primary School
- 1.2kmColmers School and Sixth Form College
- 1.6kmKing Edward VI Balaam Wood Academy
- 1.7kmTurves Green Boys' School
More reading links
Public Transport Nearby
From 362, Tessall Lane, Birmingham, the nearest station is Longbridge, 1.3 kilometres away.
- 1.3kmLongbridge
- 1.9kmNorthfield
- 4.1kmKings Norton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
