Flat 18, Cherry Lodge 473
Flat 18, Cherry Lodge 473
Description & Estimates
The public record describes Flat 18, Cherry Lodge 473, Birmingham as a modern apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 18, Cherry Lodge 473, Birmingham has an estimated sale value of £282,829 and an estimated rental value of £1,455 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cherry Lodge, Gillott Road, Birmingham, B16.
Gillott Road, Birmingham, B16 lies in the borough of Birmingham, within the B16 postal district.
Our Data Sources
Flat 18, Cherry Lodge 473, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated February 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
In very good condition, we estimate Flat 18, Cherry Lodge 473, Birmingham would be worth £296,970, with a potential rental value of £1,527 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,031, with a rental value of £1,353 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 18, Cherry Lodge 473, Birmingham has fallen by £7,697 (2.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (1.4%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
Flat 18, Cherry Lodge 473, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 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
Land Registry records and our Estate Agent network show 3 sales within 470 metres of Flat 18, Cherry Lodge 473, Birmingham across the last 2 years.
Most recently, 470, Gillott Road, Birmingham, B16 9LH, a freehold house, sold at £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
Our analysis of the public data ranks Flat 18, Cherry Lodge 473, Birmingham as the 326th largest and the 171st most expensive of the 910 addresses on Gillott Road, Birmingham, B16.
Against the B16 postcode district average, it is £103k more expensive than the typical property.
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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
Five Ways station is the nearest stop to Flat 18, Cherry Lodge 473, Birmingham at 2.6 kilometres away.
- 2.6kmFive Ways
- 2.7kmUniversity (Birmingham)
- 2.8kmSmethwick Rolfe Street
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
