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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
According to the public record, 424, Gressel Lane, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 701 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 424, Gressel Lane, Birmingham is £144,359 and the estimated rental value is £787 per month.
Gressel Lane, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
424, Gressel Lane, Birmingham has 41 entries in the Land Registry , most recently in January 2008 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 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 424, Gressel Lane, Birmingham is in very good condition we estimate a sale value of £151,577 and a rental value of £826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,254 and a rental value of £732 per month.
Over the last 12 months the sale value of 424 Gressel Lane Birmingham has increased by an estimated £1,999 (1.4%) and its rental value has increased by an estimated £17 per month (2.1%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 424, Gressel Lane, Birmingham was last sold on 31st January 2008 for £102,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2008, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 424, Gressel Lane, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 406, Gressel Lane, Birmingham, B33 9UX, a leasehold flat which sold for £150,000 on the 27th September 2024.
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, 424, Gressel Lane, Birmingham is the 154th largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in B33.
The closest station to 424, 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 424, 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 424, 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 424, 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 424, 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 424, 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.
