45, Tessall Lane, Birmingham has 31 entries in the Land Registry database, most recently in February 2018 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.
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 45, Tessall Lane, Birmingham is in very good condition we estimate a sale value of £311,837 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,198 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £296,987, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,460 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, 45, Tessall Lane, Birmingham was last sold on 23 Feb 2018 for £231,200 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2018, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Tessall Lane, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 82, Tessall Lane, Birmingham, B31 2SF, a Freehold house which sold for £292,000 in Nov 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tessall Lane, Birmingham, B31 has a total of 298 addresses. According to our analysis of all the public data, 45, Tessall Lane, Birmingham is the 100th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in B31.
According to the public record, 45, Tessall Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,061 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Tessall Lane, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 45 Tessall Lane Birmingham as £296,987 and the rental value as £1,289 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 45 Tessall Lane Birmingham has increased by £11,767 (4.0%) and its rental value has increased by £40 per month (3.1%).
The closest station to 45, Tessall Lane, Birmingham is Longbridge station which is 300 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 45, Tessall Lane, Birmingham, 29.5% of property is socially rented and 26.8% 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 45, Tessall Lane, Birmingham, 13.3% of residents are recorded as possessing school level qualifications and 24.6% 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 45, Tessall 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 45, Tessall 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 45, Tessall 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.