Flat 1, 251
Flat 1, 251
Description & Estimates
Flat 1, 251, Belchers Lane, Birmingham is described in the public record as a period apartment with 463 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 251, Belchers Lane, Birmingham is £126,840 and its rental estimate is £507 per month, given the available information and assuming reasonable condition.
251, Belchers Lane is a residential building on Belchers Lane, Birmingham, B9 and falls within the B9 postal district and the borough of Birmingham.
Our Data Sources
Flat 1, 251, Belchers Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2010.
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
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 Flat 1, 251, Belchers Lane, Birmingham, we estimate a market value of £133,182 and a rental value of £532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £117,961 and £472 per month respectively.
Recent Market Change
Over the last year, Flat 1, 251, Belchers Lane, Birmingham has seen its estimated sale value grow by £285 (0.2%) and its estimated rental value climb by £5 per month (1.0%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
Flat 1, 251, Belchers Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2010.
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
Over the past 2 years 2 properties similar to Flat 1, 251, Belchers Lane, Birmingham have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2007, was 83A, Caldwell Road, Birmingham, B9 5TN, a leasehold flat which sold for £280,000.
Read more about house prices in B9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 209 addresses on Belchers Lane, Birmingham, B9, Flat 1, 251, Belchers Lane, Birmingham comes out as the 206th largest and the 204th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the B9 district.
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Schools Nearby
- 100mAlston Primary School
- 600mBordesley Green Primary School
- 1.0kmThornton Primary School
- 200mSaltley Academy
- 500mWaverley Studio College
- 900mEden Boys' Leadership Academy, Birmingham East
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Public Transport Nearby
From Flat 1, 251, Belchers Lane, Birmingham, the nearest station is Stechford, 1.5 kilometres away.
- 1.5kmStechford
- 1.6kmAdderley Park
- 2.7kmDuddeston
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.
