Flat 5, Richard Lighton House 67
Flat 5, Richard Lighton House 67
Description & Estimates
Flat 5, Richard Lighton House 67, Birmingham is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, Richard Lighton House 67, Birmingham is £120,853 and its rental estimate is £642 per month, given the available information and assuming reasonable condition.
Richard Lighton House, Parade is a residential building on Parade, Birmingham, B1 and falls within the B1 postal district and the borough of Birmingham.
Our Data Sources
Flat 5, Richard Lighton House 67, Birmingham has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 5, Richard Lighton House 67, Birmingham, we estimate a market value of £126,896 and a rental value of £674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,394 and £597 per month respectively.
Recent Market Change
Over the last year, Flat 5, Richard Lighton House 67, Birmingham has seen its estimated sale value move down by £7,359 (6.1%) and its estimated rental value increase by £1 per month (0.1%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 5, Richard Lighton House 67, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2023.
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 5, Richard Lighton House 67, Birmingham completed on 25th February 2020 at £112,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 36.8% over the period since February 2020.
- Sold Feb 2020£112,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Richard Lighton House 67, Birmingham have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2024, was Flat 7, Richard Lighton House 67, Parade, Birmingham, B1 3QQ, a leasehold flat which sold for £131,500.
Read more about house prices in B1.
- Sold Jan 2024£131,500 | 1 Bed FlatRichard Lighton House 67, ParadeFlat 7, Richard Lighton House 67, Parade, Birmingham, B1 3QQ
- Sold Jul 2023£145,000 | 1 Bed FlatRichard Lighton House 67, ParadeFlat 11, Richard Lighton House 67, Parade, Birmingham, B1 3QQ
- Sold Mar 2023£135,000 | 1 Bed FlatRichard Lighton House 67, ParadeFlat 14, Richard Lighton House 67, Parade, Birmingham, B1 3QQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 158 addresses on Parade, Birmingham, B1, Flat 5, Richard Lighton House 67, Birmingham comes out as the 68th largest and the 89th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the B1 district.
More reading links
Schools Nearby
- 400mNelson Primary School
- 900mSt John's & St Peter's CofE Primary
- 1.0kmBrookfields Primary School
- 400mJewellery Quarter Academy
- 1.1kmCity Academy
- 1.5kmBirmingham Ormiston Academy
More reading links
Public Transport Nearby
From Flat 5, Richard Lighton House 67, Birmingham, the nearest station is Birmingham Snow Hill, 700 metres away.
- 700mBirmingham Snow Hill
- 900mJewellery Quarter
- 900mBirmingham New Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
