8, Parkesine Lane
8, Parkesine Lane
Description & Estimates
Public records show 8, Parkesine Lane, Birmingham to be a modern freehold house with 678 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Parkesine Lane, Birmingham has an estimated sale value of £272,211 and an estimated rental value of £1,353 per month, assuming reasonable condition and based on the information available.
Parkesine Lane, Birmingham, B24 lies in the borough of Birmingham, within the B24 postal district.
Our Data Sources
8, Parkesine Lane, Birmingham has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated October 2023.
We combine this information with that 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
In very good condition, we estimate 8, Parkesine Lane, Birmingham would be worth £285,822, with a potential rental value of £1,421 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £253,157, with a rental value of £1,258 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 8, Parkesine Lane, Birmingham has grown by £6,755 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £48 (3.5%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
8, Parkesine Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Parkesine Lane, Birmingham last changed hands on 30th November 2023, selling for £247,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 8.8% since November 2023.
- Sold Nov 2023£247,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 8, Parkesine Lane, Birmingham across the last 2 years.
Most recently, 44, Nocks Avenue, Birmingham, B24 9NB, a freehold house, sold at £245,000 on the 30th April 2024.
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
Our analysis of the public data ranks 8, Parkesine Lane, Birmingham as the 16th largest and the 14th most expensive of the 16 addresses on Parkesine Lane, Birmingham, B24.
Against the B24 postcode district average, it is £66k more expensive than the typical property.
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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
More reading links
Public Transport Nearby
Erdington station is the nearest stop to 8, Parkesine Lane, Birmingham at 1.3 kilometres away.
- 1.3kmErdington
- 1.7kmChester Road
- 2.0kmGravelly Hill
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
