According to the public record, 3, Lakehouse Grove, Birmingham is a mid-century freehold house with 1,323 ft2 of internal area and sits on a 336 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lakehouse Grove, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
3, Lakehouse Grove, Birmingham has 31 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated April 2013.
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 3 Lakehouse Grove Birmingham as £235,770 and the rental value as £1,119 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Lakehouse Grove Birmingham has increased by £13,679 (5.8%) and its rental value has increased by £47 per month (4.2%).
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 3, Lakehouse Grove, Birmingham is in very good condition we estimate a sale value of £247,559 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,266 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £235,770, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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, 3, Lakehouse Grove, Birmingham sits on a plot of 336m2.
We have plot size data on 1 out of 6 other houses in the postcode and 3, Lakehouse Grove, Birmingham sits on the largest plot.
According to HM Land Registry, 3, Lakehouse Grove, Birmingham was last sold on 27 Feb 2013 for £123,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2013, the market for similar properties has risen 97.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lakehouse Grove, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 71, Longfellow Road, Birmingham, B30 1BJ, a Freehold house which sold for £199,950 in Sep 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakehouse Grove, Birmingham, B38 has a total of 44 addresses. According to our analysis of all the public data, 3, Lakehouse Grove, Birmingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £199 less expensive than the average property in B38.
3, Lakehouse Grove, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2013.
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 3, Lakehouse Grove, Birmingham is Kings Norton 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 3, Lakehouse Grove, Birmingham, 63.0% of property is socially rented and 17.7% 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 3, Lakehouse Grove, Birmingham, 24.4% of residents are recorded as possessing school level qualifications and 13.3% 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 3, Lakehouse Grove, Birmingham, the average age was 37 and the most common age was 12.
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 3, Lakehouse Grove, 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 3, Lakehouse Grove, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.