81, Old Bromford Lane
81, Old Bromford Lane
Description & Estimates
81, Old Bromford Lane, Birmingham is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 81, Old Bromford Lane, Birmingham is £86,966 and its rental estimate is £549 per month, given the available information and assuming reasonable condition.
Old Bromford Lane, Birmingham, B8 falls within the B8 postal district, in the borough of Birmingham.
Our Data Sources
81, Old Bromford Lane, Birmingham has 31 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated March 2015.
We combine this information with that 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
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 81, Old Bromford Lane, Birmingham, we estimate a market value of £91,314 and a rental value of £577 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £80,878 and £511 per month respectively.
Recent Market Change
Over the last year, 81, Old Bromford Lane, Birmingham has seen its estimated sale value fall by £2,367 (2.7%) and its estimated rental value move up by £8 per month (1.4%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
81, Old Bromford Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 81, Old Bromford Lane, Birmingham completed on 30th April 2019 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 27.7% over the period since April 2019.
- Sold Apr 2019£70,000
- Sold Sep 2013£69,000
- Sold Feb 2002£47,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 81, Old Bromford Lane, Birmingham have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th February 2022, was 83, Old Bromford Lane, Birmingham, B8 2RR, a leasehold flat which sold for £100,000.
Read more about house prices in B8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 59 addresses on Old Bromford Lane, Birmingham, B8, 81, Old Bromford Lane, Birmingham comes out as the 43rd largest and the 51st most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the B8 district.
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Schools Nearby
- 500mWard End Primary School
- 700mHodge Hill Primary School
- 900mSladefield Infant School
- 400mHodge Hill College
- 600mHodge Hill Girls' School
- 1.6kmRockwood Academy
More reading links
Public Transport Nearby
From 81, Old Bromford Lane, Birmingham, the nearest station is Stechford, 1.8 kilometres away.
- 1.8kmStechford
- 2.6kmGravelly Hill
- 2.8kmAdderley Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
