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According to the public record, Flat 2, 62, Wellhead Lane, Birmingham is a period apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 62, Wellhead Lane, Birmingham is £32,682 and the estimated rental value is £170 per month.
The apartment is within 62, Wellhead Lane, Birmingham, B42.
Wellhead Lane, Birmingham, B42 is located in the borough of Birmingham within the B42 postal district.
Flat 2, 62, Wellhead Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated September 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.
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, 62, Wellhead Lane, Birmingham is in very good condition we estimate a sale value of £34,316 and a rental value of £178 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £30,395 and a rental value of £158 per month.
Over the last 12 months the sale value of Flat 2 62 Wellhead Lane Birmingham has decreased by an estimated £783 (2.4%) and its rental value has increased by an estimated £3 per month (1.7%), giving an expected gross yield of 6.2%.
Flat 2, 62, Wellhead Lane, Birmingham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 23 Sep 2016.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of Flat 2, 62, Wellhead Lane, Birmingham over the last 2 years.
The most recent example is 52, Wellhead Lane, Birmingham, B42 2SY, a freehold house which sold for £125,000 on the 15th January 2021.
Read more about house prices in B42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellhead Lane, Birmingham, B42 has a total of 8 addresses. According to our analysis of all the public data, Flat 2, 62, Wellhead Lane, Birmingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in B42.
The closest station to Flat 2, 62, Wellhead Lane, Birmingham is Perry Barr station which is 400 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 62, Wellhead Lane, Birmingham, % of property is and % is .
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, 62, Wellhead Lane, Birmingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, 62, Wellhead 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, 62, Wellhead Lane, Birmingham, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.