55, Lakey Lane
55, Lakey Lane
Description & Estimates
The public record describes 55, Lakey Lane, Birmingham as an early-century house with 1,668 ft2 of internal area, sitting on a 492 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
55, Lakey Lane, Birmingham has an estimated sale value of £333,197 and an estimated rental value of £1,543 per month, assuming reasonable condition and based on the information available.
Lakey Lane, Birmingham, B28 lies in the borough of Birmingham, within the B28 postal district.
Our Data Sources
55, Lakey Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
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
In very good condition, we estimate 55, Lakey Lane, Birmingham would be worth £349,857, with a potential rental value of £1,621 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £309,873, with a rental value of £1,435 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, Lakey Lane, Birmingham has dropped by £4,818 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (1.3%). The property's estimated gross yield is currently 5.6%.
Plot Size
55, Lakey Lane, Birmingham occupies a 492 m2 plot as recorded by HM Land Registry.
Of the 64 other houses in this postcode, 62 have recorded plot sizes, and this one ranks as the 22nd largest.
Energy Efficiency
55, Lakey Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2021.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 55, Lakey Lane, Birmingham across the last 2 years.
Most recently, 72, Lakey Lane, Birmingham, B28 9DS, a freehold house, sold at £405,000 on the 21st December 2022.
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, Lakey Lane, Birmingham as the 9th largest and the 16th most expensive of the 178 addresses on Lakey Lane, Birmingham, B28.
Against the B28 postcode district average, it is £32k more expensive than the typical property.
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Schools Nearby
- 500mLakey Lane Primary School
- 500mHall Green Junior School
- 500mHall Green Infant School
- 800mHall Green School
- 900mNinestiles, an Academy
- 1.7kmLangley School
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Public Transport Nearby
Hall Green station is the nearest stop to 55, Lakey Lane, Birmingham at 800 metres away.
- 800mHall Green
- 1.3kmSpring Road
- 1.6kmYardley Wood
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
