Flat 5, The Laurels 9
Flat 5, The Laurels 9
Description & Estimates
Flat 5, The Laurels 9, Birmingham is described in the public record as a modern apartment with 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, The Laurels 9, Birmingham is £167,612 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
The Laurels, Wagon Lane is a residential building on Wagon Lane, Birmingham, B26 and falls within the B26 postal district and the borough of Birmingham.
Our Data Sources
Flat 5, The Laurels 9, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
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.
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, The Laurels 9, Birmingham, we estimate a market value of £175,993 and a rental value of £891 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,880 and £789 per month respectively.
Recent Market Change
Over the last year, Flat 5, The Laurels 9, Birmingham has seen its estimated sale value decline by £870 (0.5%) and its estimated rental value climb by £15 per month (1.8%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 5, The Laurels 9, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, The Laurels 9, Birmingham have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd December 2020, was Flat 2, The Laurels 9, Wagon Lane, Birmingham, B26 3DU, a leasehold flat which sold for £120,000.
Read more about house prices in B26.
- Sold Dec 2020£120,000 | 2 Bed FlatThe Laurels 9, Wagon LaneFlat 2, The Laurels 9, Wagon Lane, Birmingham, B26 3DU
- Sold Dec 2020£120,000 | 2 Bed FlatThe Laurels 9, Wagon LaneFlat 1, The Laurels 9, Wagon Lane, Birmingham, B26 3DU
- Sold Dec 2020£120,000 | 2 Bed FlatThe Laurels 9, Wagon LaneFlat 3, The Laurels 9, Wagon Lane, Birmingham, B26 3DU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 78 addresses on Wagon Lane, Birmingham, B26, Flat 5, The Laurels 9, Birmingham comes out as the 4th largest and the 26th most expensive in our analysis of the public data.
It is also £52k less expensive than the average property across the B26 district.
More reading links
Schools Nearby
- 600mLyndon Green Junior School
- 600mLyndon Green Infant School
- 700mSt Thomas More Catholic Primary School
- 800mLyndon School
- 1.6kmCockshut Hill School
- 1.7kmKing Edward VI Sheldon Heath Academy
More reading links
Public Transport Nearby
From Flat 5, The Laurels 9, Birmingham, the nearest station is Acocks Green, 1.8 kilometres away.
- 1.8kmAcocks Green
- 2.0kmOlton
- 2.9kmLea Hall
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
