93, Monument Lane
93, Monument Lane
Description & Estimates
93, Monument Lane, Birmingham is recorded publicly as a period freehold house across 1,517 ft2 of internal area, sitting on a 2,993 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 93, Monument Lane, Birmingham is £762,643 and its rental estimate is £2,474 per month, given the available information and assuming reasonable condition.
Monument Lane, Lickey, Birmingham, B45 falls within the B45 postal district, in the borough of Bromsgrove.
Our Data Sources
93, Monument Lane, Birmingham has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated April 2015.
We combine this information with that 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
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 93, Monument Lane, Birmingham, we estimate a market value of £800,776 and a rental value of £2,597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £709,258 and £2,301 per month respectively.
Recent Market Change
Over the last year, 93, Monument Lane, Birmingham has seen its estimated sale value increase by £793 (0.1%) and its estimated rental value grow by £91 per month (3.7%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 93, Monument Lane, Birmingham as measuring 2,993 m2.
That makes it the 2nd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
93, Monument Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Apr 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 93, Monument Lane, Birmingham completed on 18th August 2015 at £512,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 19.6% over the period since August 2015.
- Sold Aug 2015£512,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 93, Monument Lane, Birmingham have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2018, was 88, Monument Lane, Birmingham, B45 9QH, a freehold house which sold for £585,000.
Read more about house prices in B45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 50 addresses on Monument Lane, Lickey, Birmingham, B45, 93, Monument Lane, Birmingham comes out as the 34th largest and the 17th most expensive in our analysis of the public data.
It is also £463k more expensive than the average property across the B45 district.
More reading links
Schools Nearby
- 900mLickey Hills Primary School and Nursery
- 1.0kmBeaconside Primary and Nursery School
- 1.5kmSt James Catholic Primary School
- 1.4kmWaseley Hills High School
- 2.1kmColmers School and Sixth Form College
- 2.6kmKing Edward VI Balaam Wood Academy
More reading links
Public Transport Nearby
From 93, Monument Lane, Birmingham, the nearest station is Barnt Green, 2.9 kilometres away.
- 2.9kmBarnt Green
- 3.2kmLongbridge
- 4.9kmNorthfield
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
