According to the public record, 153, Mill Lane, Birmingham is a early-century house with 1,130 ft2 of internal area and sits on a 116 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Lane, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
153, Mill Lane, Birmingham has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2019.
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 153 Mill Lane Birmingham as £252,689 and the rental value as £1,211 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 153 Mill Lane Birmingham has increased by £9,304 (3.7%) and its rental value has increased by £34 per month (2.8%).
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 153, Mill Lane, Birmingham is in very good condition we estimate a sale value of £265,323 and rental value of £1,272 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,001 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £252,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,242 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 data from HM Land Registry, 153, Mill Lane, Birmingham sits on a plot of 116m2.
We have plot size data on 13 out of 19 other houses in the postcode and 153, Mill Lane, Birmingham sits on the 11th largest plot.
According to HM Land Registry, 153, Mill Lane, Birmingham was last sold on 13 Oct 1995 for £39,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 153, Mill Lane, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 70, Hawkesley Mill Lane, Birmingham, B31 2RL, a Freehold house which sold for £255,000 in Jan 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Northfield, Birmingham, B31 has a total of 66 addresses. According to our analysis of all the public data, 153, Mill Lane, Birmingham is the 10th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in B31.
153, Mill Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 153, Mill Lane, Birmingham is Northfield station which is 700 metres 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 153, Mill Lane, Birmingham, 40.0% of property is privately owned with a mortgage and 26.7% is privately owned outright.
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 153, Mill Lane, Birmingham, 16.6% of residents are recorded as possessing school level qualifications and 36.3% 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 153, Mill Lane, Birmingham, the average age was 41.3 and the most common age was 32.
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 153, Mill Lane, Birmingham, 1.0% 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 153, Mill Lane, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.