Flat 9, 342
Flat 9, 342
Description & Estimates
Flat 9, 342, Gospel Lane, Birmingham is described in the public record as a modern apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 9, 342, Gospel Lane, Birmingham is £297,187 and its rental estimate is £1,575 per month, given the available information and assuming reasonable condition.
342, Gospel Lane is a residential building on Gospel Lane, Birmingham, B27 and falls within the B27 postal district and the borough of Solihull.
Our Data Sources
Flat 9, 342, Gospel Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2019.
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 9, 342, Gospel Lane, Birmingham, we estimate a market value of £312,047 and a rental value of £1,654 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £276,384 and £1,465 per month respectively.
Recent Market Change
Over the last year, Flat 9, 342, Gospel Lane, Birmingham has seen its estimated sale value move down by £3,770 (1.3%) and its estimated rental value increase by £18 per month (1.1%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 9, 342, Gospel Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 9, 342, Gospel Lane, Birmingham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2021, was 368A, Gospel Lane, Birmingham, B27 7AJ, a leasehold flat which sold for £290,000.
Read more about house prices in B27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 444 addresses on Gospel Lane, Birmingham, B27, Flat 9, 342, Gospel Lane, Birmingham comes out as the 362nd largest and the 25th most expensive in our analysis of the public data.
It is also £76k more expensive than the average property across the B27 district.
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Schools Nearby
- 400mSeverne Junior Infant and Nursery School
- 500mKineton Green Primary School
- 500mOur Lady of Compassion Catholic Primary School
- 700mLangley School
- 1.2kmArchbishop Ilsley Catholic School
- 1.3kmNinestiles, an Academy
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Public Transport Nearby
From Flat 9, 342, Gospel Lane, Birmingham, the nearest station is Olton, 1.0 kilometres away.
- 1.0kmOlton
- 1.7kmAcocks Green
- 1.8kmSpring Road
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.
