40, Gospel Lane
40, Gospel Lane
Description & Estimates
The public record lists 40, Gospel Lane, Birmingham as a freehold house sitting on a 267 m2 plot.
Comparison with its neighbours suggests an early-century house with 1,281 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
40, Gospel Lane, Birmingham has an estimated sale value of £310,496 and an estimated rental value of £1,275 per month, assuming reasonable condition and based on the information available.
Gospel Lane, Birmingham, B27 lies in the borough of Birmingham, within the B27 postal district.
Our Data Sources
40, Gospel Lane, Birmingham has 31 entries in the Land Registry , most recently in September 2017 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Gospel Lane, Birmingham would be worth £326,020, with a potential rental value of £1,338 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £288,761, with a rental value of £1,185 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 40, Gospel Lane, Birmingham has dropped by £3,307 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £17 (1.3%). The property's estimated gross yield is currently 4.9%.
Plot Size
40, Gospel Lane, Birmingham occupies a 267 m2 plot as recorded by HM Land Registry.
All 23 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Sold Prices
40, Gospel Lane, Birmingham last changed hands on 28th September 2017, selling for £269,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 19.7% since September 2017.
- Sold Sep 2017£269,000
- Sold Apr 2005£250,000
- Sold Oct 1995£80,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 40, Gospel Lane, Birmingham across the last 2 years.
Most recently, 360, Olton Boulevard East, Birmingham, B27 7DR, a freehold house, sold at £235,000 on the 8th March 2024.
Read more about house prices in B27.
•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 40, Gospel Lane, Birmingham as the 11th largest and the 16th most expensive of the 444 addresses on Gospel Lane, Birmingham, B27.
Against the B27 postcode district average, it is £90k more expensive than the typical property.
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Schools Nearby
- 500mThe Oaklands Primary School
- 600mHoly Souls Catholic Primary School
- 700mKineton Green Primary School
- 600mArchbishop Ilsley Catholic School
- 1.3kmNinestiles, an Academy
- 1.6kmLangley School
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Public Transport Nearby
Olton station is the nearest stop to 40, Gospel Lane, Birmingham at 800 metres away.
- 800mOlton
- 800mAcocks Green
- 1.6kmSpring Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
