Flat 1, Cherry Lodge 473
Flat 1, Cherry Lodge 473
Description & Estimates
According to the public record, Flat 1, Cherry Lodge 473, Birmingham is a modern apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Cherry Lodge 473, Birmingham is £282,829 and the estimated rental value is £1,455 per month.
The apartment is within Cherry Lodge, Gillott Road, Birmingham, B16.
Gillott Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Our Data Sources
Flat 1, Cherry Lodge 473, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, Cherry Lodge 473, Birmingham is in very good condition we estimate a sale value of £296,970 and a rental value of £1,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,031 and a rental value of £1,353 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Cherry Lodge 473, Birmingham has decreased by £7,697 (2.7%), while its estimated rental value has grown by £20 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 1, Cherry Lodge 473, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 470 metres of Flat 1, Cherry Lodge 473, Birmingham over the last 2 years.
The most recent example is 470, Gillott Road, Birmingham, B16 9LH, a freehold house which sold for £600,000 on the 20th June 2024.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gillott Road, Birmingham, B16 has a total of 910 addresses. According to our analysis of all the public data, Flat 1, Cherry Lodge 473, Birmingham is the 334th largest and the 179th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in B16.
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Schools Nearby
- 400mGeorge Dixon Primary School
- 1.2kmChad Vale Primary School
- 1.2kmCity Road Primary School
- 400mGeorge Dixon Academy
- 700mSt Paul's School for Girls
- 1.0kmLordswood Boys' School
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Public Transport Nearby
The closest station to Flat 1, Cherry Lodge 473, Birmingham is Five Ways station, which is 2.6 kilometres away.
- 2.6kmFive Ways
- 2.7kmUniversity (Birmingham)
- 2.8kmSmethwick Rolfe Street
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
