According to the public record, 155, Mill Lane, Birmingham is a early-century freehold house with 807 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
155, Mill Lane, Birmingham has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated December 2017.
We combine this information with that 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 155 Mill Lane Birmingham as £213,251 and the rental value as £1,130 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 155 Mill Lane Birmingham has increased by £10,229 (4.8%) and its rental value has increased by £44 per month (3.9%).
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 155, Mill Lane, Birmingham is in very good condition we estimate a sale value of £223,914 and rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,323 and a rental value of £1,051 per month.
If you were able to purchase this property for the estimated value of £213,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,048 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, 155, Mill Lane, Birmingham sits on a plot of 119m2.
We have plot size data on 13 out of 19 other houses in the postcode and 155, Mill Lane, Birmingham sits on the 10th largest plot.
According to HM Land Registry, 155, Mill Lane, Birmingham was last sold on 26 Nov 2010 for £94,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 99.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 155, Mill Lane, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 161, Mill Lane, Birmingham, B31 2RN, a Freehold house which sold for £176,000 in Aug 2021.
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, 155, Mill Lane, Birmingham is the 48th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in B31.
155, Mill Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2017.
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 155, 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 155, 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 155, 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 155, 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 155, 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 155, 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.