447, Gospel Lane
447, Gospel Lane
Description & Estimates
447, Gospel Lane, Birmingham is described in the public record as a mid-century apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 447, Gospel Lane, Birmingham is £79,390 and its rental estimate is £603 per month, given the available information and assuming reasonable condition.
Gospel Lane, Birmingham, B27 falls within the B27 postal district, in the borough of Birmingham.
Our Data Sources
447, Gospel Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 447, Gospel Lane, Birmingham, we estimate a market value of £83,359 and a rental value of £633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,832 and £561 per month respectively.
Recent Market Change
Over the last year, 447, Gospel Lane, Birmingham has seen its estimated sale value fall by £1,007 (1.3%) and its estimated rental value move up by £7 per month (1.1%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
447, Gospel Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 447, Gospel Lane, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2019, was 41, Lakefield Close, Birmingham, B28 8QZ, a leasehold flat which sold for £96,000.
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
Of the 444 addresses on Gospel Lane, Birmingham, B27, 447, Gospel Lane, Birmingham comes out as the 374th largest and the 437th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the B27 district.
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Schools Nearby
- 400mSeverne Junior Infant and Nursery School
- 700mOur Lady of Compassion Catholic Primary School
- 700mLakey Lane Primary School
- 600mLangley School
- 1.3kmNinestiles, an Academy
- 1.5kmArchbishop Ilsley Catholic School
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Public Transport Nearby
From 447, Gospel Lane, Birmingham, the nearest station is Olton, 1.4 kilometres away.
- 1.4kmOlton
- 1.8kmSpring Road
- 1.8kmHall Green
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.
