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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record describes Flat 2, 290, Lakey Lane, Birmingham as an early-century apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 290, Lakey Lane, Birmingham has an estimated sale value of £76,662 and an estimated rental value of £584 per month, assuming reasonable condition and based on the information available.
The apartment sits within 290, Lakey Lane, Birmingham, B28.
Lakey Lane, Birmingham, B28 lies in the borough of Birmingham, within the B28 postal district.
Flat 2, 290, Lakey Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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.
In very good condition, we estimate Flat 2, 290, Lakey Lane, Birmingham would be worth £80,495, with a potential rental value of £614 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,296, with a rental value of £543 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 290, Lakey Lane, Birmingham has dropped by £1,086 (1.4%) over the last year. During the same period, its estimated monthly rental value has risen by £9 (1.5%). The property's estimated gross yield is currently 9.1%.
Flat 2, 290, Lakey Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 500 metres of Flat 2, 290, Lakey Lane, Birmingham across the last 2 years.
Most recently, Flat 2, 156, Hazelville Road, Birmingham, B28 9QE, a leasehold flat, sold at £90,000 on the 8th October 2021.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 290, Lakey Lane, Birmingham as the 174th largest and the 176th most expensive of the 178 addresses on Lakey Lane, Birmingham, B28.
Against the B28 postcode district average, it is £225k less expensive than the typical property.
Hall Green station is the nearest stop to Flat 2, 290, Lakey Lane, Birmingham at 1.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 290, Lakey Lane, Birmingham, 26.9% of property is privately owned with a mortgage and 26.2% is socially rented.
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, 290, Lakey Lane, Birmingham, 32.9% of residents are recorded as possessing school level qualifications and 18.5% 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, 290, Lakey Lane, Birmingham, the average age was 32.9 and the most common age was 7.
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, 290, Lakey Lane, Birmingham, 0.0% 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, 290, Lakey Lane, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
