According to the public record, 104, Gressel Lane, Birmingham is a mid-century house with 1,022 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gressel Lane, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
104, Gressel Lane, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 104 Gressel Lane Birmingham as £234,800 and the rental value as £1,057 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 104 Gressel Lane Birmingham has increased by £9,715 (4.1%) and its rental value has increased by £50 per month (4.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 104, Gressel Lane, Birmingham is in very good condition we estimate a sale value of £246,540 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,364 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £234,800, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,154 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 104, Gressel Lane, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 81, Moodyscroft Road, Birmingham, B33 0AH, a Freehold house which sold for £230,000 in Jun 2023.
Read more about house prices in B33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gressel Lane, Birmingham, B33 has a total of 246 addresses. According to our analysis of all the public data, 104, Gressel Lane, Birmingham is the 22nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in B33.
104, Gressel Lane, Birmingham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 16 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 104, Gressel Lane, Birmingham is Lea Hall station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 104, Gressel Lane, Birmingham, 50.0% of property is socially rented and 24.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 104, Gressel Lane, Birmingham, 31.1% of residents are recorded as possessing school level qualifications and 20.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 104, Gressel Lane, Birmingham, the average age was 36.3 and the most common age was 7.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 104, Gressel Lane, Birmingham, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 104, Gressel Lane, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.