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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
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41, Lakefield Close, Birmingham is recorded publicly as a mid-century leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 41, Lakefield Close, Birmingham is £85,531 and its rental estimate is £644 per month, given the available information and assuming reasonable condition.
Lakefield Close, Birmingham, B28 falls within the B28 postal district, in the borough of Birmingham.
41, Lakefield Close, Birmingham has 41 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated August 2018.
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.
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 41, Lakefield Close, Birmingham, we estimate a market value of £89,808 and a rental value of £676 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,544 and £599 per month respectively.
Over the last year, 41, Lakefield Close, Birmingham has seen its estimated sale value move down by £1,488 (1.7%) and its estimated rental value increase by £7 per month (1.1%). This results in an estimated gross rental yield of 9.0%.
41, Lakefield Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2018.
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 41, Lakefield Close, Birmingham completed on 29th April 2019 at £96,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 41.4% over the period since April 2019.
Over the past 2 years 2 properties similar to 41, Lakefield Close, Birmingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th February 2022, was Flat 1, 9, Mapleton Grove, Birmingham, B28 9RG, a leasehold flat which sold for £105,000.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 84 addresses on Lakefield Close, Birmingham, B28, 41, Lakefield Close, Birmingham comes out as the 60th largest and the 79th most expensive in our analysis of the public data.
It is also £216k less expensive than the average property across the B28 district.
From 41, Lakefield Close, Birmingham, the nearest station is Hall Green, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Lakefield Close, Birmingham, 62.4% of property is socially rented and 15.3% is privately 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 41, Lakefield Close, Birmingham, 23.9% of residents are recorded as possessing school level qualifications and 22.5% 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 41, Lakefield Close, Birmingham, the average age was 32.9 and the most common age was 7.
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 41, Lakefield Close, 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 41, Lakefield Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
