55, Lakefield Close
55, Lakefield Close
Description & Estimates
The public record describes 55, Lakefield Close, Birmingham as a mid-century apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
55, Lakefield Close, Birmingham has an estimated sale value of £83,038 and an estimated rental value of £637 per month, assuming reasonable condition and based on the information available.
Lakefield Close, Birmingham, B28 lies in the borough of Birmingham, within the B28 postal district.
Our Data Sources
55, Lakefield Close, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated February 2013.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 55, Lakefield Close, Birmingham would be worth £87,190, with a potential rental value of £668 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,225, with a rental value of £592 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 55, Lakefield Close, Birmingham has moved down by £1,444 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £7 (1.1%). The property's estimated gross yield is currently 9.2%.
Energy Efficiency
55, Lakefield Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 480 metres of 55, Lakefield Close, Birmingham across the last 2 years.
Most recently, 41, Lakefield Close, Birmingham, B28 8QZ, a leasehold flat, sold at £96,000 on the 29th April 2019.
Read more about house prices in B28.
•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 55, Lakefield Close, Birmingham as the 70th largest and the 82nd most expensive of the 84 addresses on Lakefield Close, Birmingham, B28.
Against the B28 postcode district average, it is £219k less expensive than the typical property.
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Schools Nearby
- 200mLakey Lane Primary School
- 600mSeverne Junior Infant and Nursery School
- 600mRobin Hood Academy
- 1.0kmNinestiles, an Academy
- 1.1kmLangley School
- 1.4kmHall Green School
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Public Transport Nearby
Hall Green station is the nearest stop to 55, Lakefield Close, Birmingham at 1.3 kilometres away.
- 1.3kmHall Green
- 1.5kmSpring Road
- 1.9kmOlton
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
