Flat 10, Cherry Lodge 473
Flat 10, Cherry Lodge 473
Description & Estimates
Flat 10, Cherry Lodge 473, Birmingham is described in the public record as a modern apartment with 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 10, Cherry Lodge 473, Birmingham is £282,829 and its rental estimate is £1,455 per month, given the available information and assuming reasonable condition.
Cherry Lodge, Gillott Road is a residential building on Gillott Road, Birmingham, B16 and falls within the B16 postal district and the borough of Birmingham.
Our Data Sources
Flat 10, 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
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 10, Cherry Lodge 473, Birmingham, we estimate a market value of £296,970 and a rental value of £1,527 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,031 and £1,353 per month respectively.
Recent Market Change
Over the last year, Flat 10, Cherry Lodge 473, Birmingham has seen its estimated sale value decrease by £7,697 (2.7%) and its estimated rental value grow by £20 per month (1.4%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 10, Cherry Lodge 473, Birmingham has an Energy Performance Rating (EPC) of C. 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
Over the past 2 years 3 properties have sold within 470 metres of Flat 10, Cherry Lodge 473, Birmingham, per the Land Registry and our network of Estate Agents.
The latest, on the 20th June 2024, was 470, Gillott Road, Birmingham, B16 9LH, a freehold house which sold for £600,000.
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
Of the 910 addresses on Gillott Road, Birmingham, B16, Flat 10, Cherry Lodge 473, Birmingham comes out as the 333rd largest and the 178th most expensive in our analysis of the public data.
It is also £103k more expensive than the average property across the B16 district.
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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
From Flat 10, Cherry Lodge 473, Birmingham, the nearest station is Five Ways, 2.6 kilometres away.
- 2.6kmFive Ways
- 2.7kmUniversity (Birmingham)
- 2.8kmSmethwick Rolfe Street
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.
