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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 420, Gressel Lane, Birmingham is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 420, Gressel Lane, Birmingham is £112,415 and the estimated rental value is £711 per month.
Gressel Lane, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
420, Gressel Lane, Birmingham has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated October 2015.
We combine this information with that 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.
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 420, Gressel Lane, Birmingham is in very good condition we estimate a sale value of £118,036 and a rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,546 and a rental value of £661 per month.
Over the last 12 months the sale value of 420 Gressel Lane Birmingham has increased by an estimated £1,949 (1.7%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 7.6%.
420, Gressel Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 420, Gressel Lane, Birmingham was last sold on 14th January 2022 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 420, Gressel Lane, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 15, Keatley Avenue, Birmingham, B33 0DE, a leasehold flat which sold for £75,000 on the 9th November 2018.
Read more about house prices in B33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gressel Lane, Birmingham, B33 has a total of 246 addresses. According to our analysis of all the public data, 420, Gressel Lane, Birmingham is the 244th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in B33.
The closest station to 420, Gressel Lane, Birmingham is Lea Hall station which is 1.7 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 420, Gressel Lane, Birmingham, 39.9% of property is socially rented and 29.8% is privately owned outright.
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 420, Gressel Lane, Birmingham, 18.0% of residents are recorded as possessing school level qualifications and 24.1% 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 420, Gressel Lane, Birmingham, the average age was 36.3 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 420, Gressel 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 420, Gressel Lane, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
