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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 2, 1A, Gate Lane, Sutton Coldfield is £212,108 and the estimated rental value is £1,088 per month.
The apartment is within 1A, Gate Lane, Sutton Coldfield, B73.
Gate Lane, Sutton Coldfield, B73 is located in the borough of Birmingham within the B73 postal district.
Flat 2, 1A, Gate Lane, Sutton Coldfield has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
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.
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 2, 1A, Gate Lane, Sutton Coldfield is in very good condition we estimate a sale value of £222,713 and a rental value of £1,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,260 and a rental value of £1,012 per month.
Over the last 12 months the sale value of Flat 2 1A Gate Lane Sutton Coldfield has increased by an estimated £2,197 (1.0%) and its rental value has increased by an estimated £23 per month (2.2%), giving an expected gross yield of 6.2%.
Flat 2, 1A, Gate Lane, Sutton Coldfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1A, Gate Lane, Sutton Coldfield within a radius of 570 metres over the last 2 years.
The most recent example is 327A, Jockey Road, Sutton Coldfield, B73 5XE, a leasehold flat which sold for £150,000 on the 8th March 2018.
Read more about house prices in B73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gate Lane, Sutton Coldfield, B73 has a total of 15 addresses. According to our analysis of all the public data, Flat 2, 1A, Gate Lane, Sutton Coldfield is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in B73.
The closest station to Flat 2, 1A, Gate Lane, Sutton Coldfield is Wylde Green station which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 1A, Gate Lane, Sutton Coldfield, 45.4% of property is privately owned with a mortgage and 27.7% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 1A, Gate Lane, Sutton Coldfield, 18.0% of residents are recorded as possessing school level qualifications and 46.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 1A, Gate Lane, Sutton Coldfield, the average age was 44.7 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 1A, Gate Lane, Sutton Coldfield, 1.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 1A, Gate Lane, Sutton Coldfield, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.