According to the public record, 188, Cromwell Lane, Birmingham is a modern freehold house with 957 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cromwell Lane, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
188, Cromwell Lane, Birmingham has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated January 2015.
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 188 Cromwell Lane Birmingham as £254,019 and the rental value as £1,218 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 188 Cromwell Lane Birmingham has increased by £13,135 (5.2%) and its rental value has increased by £39 per month (3.2%).
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 188, Cromwell Lane, Birmingham is in very good condition we estimate a sale value of £266,720 and rental value of £1,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,238 and a rental value of £1,133 per month.
If you were able to purchase this property for the estimated value of £254,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,248 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, 188, Cromwell Lane, Birmingham sits on a plot of 176m2.
We have plot size data on 20 out of 22 other houses in the postcode and 188, Cromwell Lane, Birmingham sits on the 13th largest plot.
According to HM Land Registry, 188, Cromwell Lane, Birmingham was last sold on 31 Oct 2014 for £186,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 70.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188, Cromwell Lane, Birmingham within a radius of 720 metres over the last 2 years.
The most recent example is 59, Moors Lane, Birmingham, B31 1DG, a Freehold house which sold for £140,000 in Sep 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromwell Lane, Birmingham, B31 has a total of 137 addresses. According to our analysis of all the public data, 188, Cromwell Lane, Birmingham is the 44th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in B31.
188, Cromwell Lane, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 188, Cromwell Lane, Birmingham is Northfield station which is 3.1 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 188, Cromwell Lane, Birmingham, 33.6% of property is socially rented and 24.0% 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 188, Cromwell Lane, Birmingham, 23.7% of residents are recorded as possessing school level qualifications and 32.9% 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 188, Cromwell Lane, Birmingham, the average age was 35.9 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 188, Cromwell Lane, Birmingham, 0.0% 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 188, Cromwell 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.