According to the public record, 220, Broad Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,033 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Broad Lane, Birmingham, B14 is located in the borough of Birmingham within the B14 postal district.
220, Broad Lane, Birmingham has 21 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 220 Broad Lane Birmingham as £279,969 and the rental value as £1,364 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 220 Broad Lane Birmingham has increased by £12,387 (4.4%) and its rental value has increased by £36 per month (2.7%).
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 220, Broad Lane, Birmingham is in very good condition we estimate a sale value of £293,968 and rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,371 and a rental value of £1,269 per month.
If you were able to purchase this property for the estimated value of £279,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,376 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 HM Land Registry, 220, Broad Lane, Birmingham was last sold on 03 Aug 2007 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 76.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 220, Broad Lane, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is 18, Poston Croft, Birmingham, B14 5AB, a Freehold house which sold for £210,000 in Sep 2023.
Read more about house prices in B14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Birmingham, B14 has a total of 174 addresses. According to our analysis of all the public data, 220, Broad Lane, Birmingham is the 64th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in B14.
The closest station to 220, Broad Lane, Birmingham is Bournville station which is 2.4 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 220, Broad Lane, Birmingham, 47.8% of property is privately owned outright and 34.5% 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 220, Broad Lane, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 36.5% 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 220, Broad Lane, Birmingham, the average age was 39.2 and the most common age was 52.
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 220, Broad 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 220, Broad Lane, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.