Flat 4, 338
Flat 4, 338
Description & Estimates
Flat 4, 338, Tessall Lane, Birmingham is described in the public record as a mid-century apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 338, Tessall Lane, Birmingham is £117,841 and its rental estimate is £550 per month, given the available information and assuming reasonable condition.
338, Tessall Lane is a residential building on Tessall Lane, Birmingham, B31 and falls within the B31 postal district and the borough of Birmingham.
Our Data Sources
Flat 4, 338, Tessall Lane, Birmingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 4, 338, Tessall Lane, Birmingham, we estimate a market value of £123,734 and a rental value of £577 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,593 and £511 per month respectively.
Recent Market Change
Over the last year, Flat 4, 338, Tessall Lane, Birmingham has seen its estimated sale value decrease by £1,498 (1.3%) and its estimated rental value grow by £13 per month (2.4%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 4, 338, Tessall Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 338, Tessall Lane, Birmingham completed on 19th November 1999 at £36,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Nov 1999£36,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 338, Tessall Lane, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2019, was Flat 3, 340, Tessall Lane, Birmingham, B31 5EN, a leasehold flat which sold for £101,500.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 298 addresses on Tessall Lane, Birmingham, B31, Flat 4, 338, Tessall Lane, Birmingham comes out as the 291st largest and the 293rd most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the B31 district.
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Schools Nearby
- 800mMerritts Brook Primary E-ACT Academy
- 800mForestdale Primary School
- 900mThe Meadows Primary School
- 1.2kmColmers School and Sixth Form College
- 1.6kmKing Edward VI Balaam Wood Academy
- 1.7kmTurves Green Boys' School
More reading links
Public Transport Nearby
From Flat 4, 338, Tessall Lane, Birmingham, the nearest station is Longbridge, 1.3 kilometres away.
- 1.3kmLongbridge
- 1.9kmNorthfield
- 4.1kmKings Norton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
