Flat 2, 4
Flat 2, 4
Description & Estimates
Flat 2, 4, Lanchester Close, Birmingham is described in the public record as a modern apartment with 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 4, Lanchester Close, Birmingham is £229,283 and its rental estimate is £989 per month, given the available information and assuming reasonable condition.
4, Lanchester Close is a residential building on Lanchester Close, Balsall Heath, Birmingham, B12 and falls within the B12 postal district and the borough of Birmingham.
Our Data Sources
Flat 2, 4, Lanchester Close, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, 4, Lanchester Close, Birmingham, we estimate a market value of £240,747 and a rental value of £1,039 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,233 and £920 per month respectively.
Recent Market Change
Over the last year, Flat 2, 4, Lanchester Close, Birmingham has seen its estimated sale value drop by £14,247 (6.2%) and its estimated rental value fall by £10 per month (1.0%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 2, 4, Lanchester Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 4, Lanchester Close, Birmingham have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was Apartment 607, 1, Griffiths Close, Birmingham, B12 9BB, a leasehold flat which sold for £255,500.
Read more about house prices in B12.
- Sold Dec 2024£255,500 | 2 Bed FlatApartment 607, 1, Griffiths Close, Birmingham, B12 9BBApartment 607, 1, Griffiths Close, Birmingham, B12 9BB
- Sold Nov 2024£261,500 | 2 Bed FlatApartment 318, 1, Griffiths Close, Birmingham, B12 9BBApartment 318, 1, Griffiths Close, Birmingham, B12 9BB
- Sold Nov 2024£305,500 | 2 Bed FlatApartment 407, 1, Griffiths Close, Birmingham, B12 9BBApartment 407, 1, Griffiths Close, Birmingham, B12 9BB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 24 addresses on Lanchester Close, Balsall Heath, Birmingham, B12, Flat 2, 4, Lanchester Close, Birmingham comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the B12 district.
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Schools Nearby
- 200mHeath Mount Primary School
- 300mLift Percy Shurmer
- 700mChandos Primary School
- 500mArk St Alban's Academy
- 1.7kmCity Academy
- 1.8kmHoly Trinity Catholic School
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Public Transport Nearby
From Flat 2, 4, Lanchester Close, Birmingham, the nearest station is Bordesley, 1.4 kilometres away.
- 1.4kmBordesley
- 1.9kmFive Ways
- 1.9kmBirmingham New Street
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
