According to the public record, 158, Hanging Lane, Birmingham is a early-century leasehold house with 1,011 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hanging Lane, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
158, Hanging Lane, Birmingham has 3 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated January 2022.
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 158 Hanging Lane Birmingham as £210,786 and the rental value as £913 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 158 Hanging Lane Birmingham has increased by £8,470 (4.0%) and its rental value has increased by £29 per month (3.1%).
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 158, Hanging Lane, Birmingham is in very good condition we estimate a sale value of £221,325 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,031 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £210,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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, 158, Hanging Lane, Birmingham sits on a plot of 204m2.
We have plot size data on 12 out of 18 other houses in the postcode and 158, Hanging Lane, Birmingham sits on the 10th largest plot.
According to HM Land Registry, 158, Hanging Lane, Birmingham was last sold on 16 May 2022 for £225,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 158, Hanging Lane, Birmingham within a radius of 590 metres over the last 2 years.
The most recent example is 86, Bodenham Road, Birmingham, B31 5DT, a Leasehold house which sold for £300,000 in Mar 2024.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hanging Lane, Birmingham, B31 has a total of 98 addresses. According to our analysis of all the public data, 158, Hanging Lane, Birmingham is the 24th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in B31.
158, Hanging Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2022.
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 158, Hanging Lane, Birmingham is Longbridge station which is 900 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 158, Hanging Lane, Birmingham, 39.8% of property is privately owned outright and 36.1% 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 158, Hanging Lane, Birmingham, 15.4% of residents are recorded as possessing school level qualifications and 30.2% 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 158, Hanging 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 158, Hanging Lane, Birmingham, 2.4% 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 158, Hanging Lane, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.