7, Parkesine Lane
7, Parkesine Lane
Description & Estimates
7, Parkesine Lane, Birmingham is described in the public record as a modern house with 1,076 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Parkesine Lane, Birmingham is £337,994 and its rental estimate is £1,546 per month, given the available information and assuming reasonable condition.
Parkesine Lane, Birmingham, B24 falls within the B24 postal district, in the borough of Birmingham.
Our Data Sources
7, Parkesine Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data 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.
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 7, Parkesine Lane, Birmingham, we estimate a market value of £354,894 and a rental value of £1,623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £314,335 and £1,438 per month respectively.
Recent Market Change
Over the last year, 7, Parkesine Lane, Birmingham has seen its estimated sale value increase by £2,667 (0.8%) and its estimated rental value grow by £22 per month (1.4%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
7, Parkesine Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Parkesine Lane, Birmingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2024, was 19, Manor Way, Birmingham, B24 9QD, a freehold house which sold for £325,000.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Parkesine Lane, Birmingham, B24, 7, Parkesine Lane, Birmingham comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the B24 district.
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Schools Nearby
- 300mSt Peter and St Paul RC Junior and Infant School
- 500mPaget Primary School
- 500mBirches Green Primary School
- 1.1kmSt Edmund Campion Catholic School
- 1.2kmErdington Academy
- 2.1kmHodge Hill Girls' School
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Public Transport Nearby
From 7, Parkesine Lane, Birmingham, the nearest station is Erdington, 1.3 kilometres away.
- 1.3kmErdington
- 1.7kmChester Road
- 2.0kmGravelly Hill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
