Flat A, 308
Flat A, 308
Description & Estimates
Flat A, 308, Tessall Lane, Birmingham is described in the public record as a mid-century apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat A, 308, Tessall Lane, Birmingham is £75,458 and its rental estimate is £354 per month, given the available information and assuming reasonable condition.
308, 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 A, 308, Tessall Lane, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
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 A, 308, Tessall Lane, Birmingham, we estimate a market value of £79,231 and a rental value of £372 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,176 and £330 per month respectively.
Recent Market Change
Over the last year, Flat A, 308, Tessall Lane, Birmingham has seen its estimated sale value move down by £848 (1.1%) and its estimated rental value increase by £9 per month (2.6%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat A, 308, Tessall Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 560 metres of Flat A, 308, Tessall Lane, Birmingham, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2019, was 318, Tessall Lane, Birmingham, B31 5EN, a freehold house which sold for £158,950.
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 A, 308, Tessall Lane, Birmingham comes out as the 295th largest and the 298th most expensive in our analysis of the public data.
It is also £155k 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
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Public Transport Nearby
From Flat A, 308, 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.
