Flat 4, 116
Flat 4, 116
Description & Estimates
According to the public record, Flat 4, 116, Broad Meadow Lane, Birmingham is a mid-century leasehold apartment with 548 ft2 of internal area.
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 4, 116, Broad Meadow Lane, Birmingham is £109,984 and the estimated rental value is £788 per month.
The apartment is within 116, Broad Meadow Lane, Birmingham, B30.
Broad Meadow Lane, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
Our Data Sources
Flat 4, 116, Broad Meadow Lane, Birmingham has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4, 116, Broad Meadow Lane, Birmingham is in very good condition we estimate a sale value of £115,483 and a rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,285 and a rental value of £733 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 116, Broad Meadow Lane, Birmingham has dropped by £1,961 (1.8%), while its estimated rental value has risen by £16 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Energy Efficiency
Flat 4, 116, Broad Meadow Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 4, 116, Broad Meadow Lane, Birmingham was last sold on 28th June 2023 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has risen by 13.0%.
- Sold Jun 2023£115,000
- Sold May 2007£85,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 116, Broad Meadow Lane, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 30, Broadmeadow Close, Birmingham, B30 3NG, a leasehold flat which sold for £110,000 on the 16th June 2023.
Read more about house prices in B30.
- Sold Jun 2023£110,000 | 2 Bed Flat30, Broadmeadow Close, Birmingham, B30 3NG30, Broadmeadow Close, Birmingham, B30 3NG
- Sold Mar 2020£93,500 | 2 Bed Flat10, Lindsworth Court 144, Monyhull Hall Road, Birmingham, B30 3QJ10, Lindsworth Court 144, Monyhull Hall Road, Birmingham, B30 3QJ
- Sold May 2018£89,000 | 2 Bed Flat12, Lindsworth Court 144, Monyhull Hall Road, Birmingham, B30 3QJ12, Lindsworth Court 144, Monyhull Hall Road, Birmingham, B30 3QJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Broad Meadow Lane, Birmingham, B30 has a total of 104 addresses. According to our analysis of all the public data, Flat 4, 116, Broad Meadow Lane, Birmingham is the 97th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in B30.
More reading links
Schools Nearby
- 300mBroadmeadow Junior School
- 600mBroadmeadow Infant School
- 700mKings Norton Primary School
- 1.7kmKings Norton Girls' School
- 1.8kmKing Edward VI King's Norton School for Boys
- 2.0kmSt Thomas Aquinas Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 4, 116, Broad Meadow Lane, Birmingham is Kings Norton station, which is 1.2 kilometres away.
- 1.2kmKings Norton
- 1.9kmBournville
- 3.3kmNorthfield
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
