According to the public record, 31, Lilley Lane, Birmingham is a period freehold house with 957 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lilley Lane, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
31, Lilley Lane, Birmingham has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated June 2016.
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 31 Lilley Lane Birmingham as £250,502 and the rental value as £1,198 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 31 Lilley Lane Birmingham has increased by £11,452 (4.6%) and its rental value has increased by £41 per month (3.4%).
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 31, Lilley Lane, Birmingham is in very good condition we estimate a sale value of £263,027 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,967 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £250,502, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,231 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, 31, Lilley Lane, Birmingham sits on a plot of 270m2.
We have plot size data on 8 out of 14 other houses in the postcode and 31, Lilley Lane, Birmingham sits on the 8th largest plot.
According to HM Land Registry, 31, Lilley Lane, Birmingham was last sold on 08 Dec 2023 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Lilley Lane, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 7, Lilley Lane, Birmingham, B31 3JU, a Freehold house which sold for £224,950 in Feb 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lilley Lane, Birmingham, B31 has a total of 39 addresses. According to our analysis of all the public data, 31, Lilley Lane, Birmingham is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in B31.
31, Lilley Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 31, Lilley Lane, Birmingham is Northfield station which is 1.3 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 31, Lilley Lane, Birmingham, 35.7% of property is privately owned with a mortgage and 34.8% 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 31, Lilley Lane, Birmingham, 20.7% of residents are recorded as possessing school level qualifications and 27.1% 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 31, Lilley Lane, Birmingham, the average age was 40.4 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 31, Lilley 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 31, Lilley Lane, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.