According to the public record, 574, Green Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,087 ft2 of internal area and sits on a 154 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Green Lane, Small Heath, Birmingham, B9 is located in the borough of Birmingham within the B9 postal district.
574, Green Lane, Birmingham has 21 entries in the Land Registry database, most recently in February 2017 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 574 Green Lane Birmingham as £172,817 and the rental value as £943 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 574 Green Lane Birmingham has increased by £10,699 (6.2%) and its rental value has increased by £46 per month (4.8%).
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 574, Green Lane, Birmingham is in very good condition we estimate a sale value of £181,458 and rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,720 and a rental value of £877 per month.
If you were able to purchase this property for the estimated value of £172,817, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 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, 574, Green Lane, Birmingham sits on a plot of 154m2.
We have plot size data on 7 out of 13 other houses in the postcode and 574, Green Lane, Birmingham sits on the 5th largest plot.
According to HM Land Registry, 574, Green Lane, Birmingham was last sold on 28 Feb 2017 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2017, the market for similar properties has risen 55.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 574, Green Lane, Birmingham within a radius of 420 metres over the last 2 years.
The most recent example is 14, Fifth Avenue, Birmingham, B9 5RD, a Freehold house which sold for £100,000 in May 2023.
Read more about house prices in B9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Small Heath, Birmingham, B9 has a total of 309 addresses. According to our analysis of all the public data, 574, Green Lane, Birmingham is the 125th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in B9.
The closest station to 574, Green Lane, Birmingham is Adderley Park station which is 1.2 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 574, Green Lane, Birmingham, 31.3% of property is privately rented and 23.1% is socially rented.
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 574, Green Lane, Birmingham, 36.0% of residents are recorded as possessing school level qualifications and 19.4% 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 574, Green Lane, Birmingham, the average age was 31.6 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 574, Green Lane, Birmingham, 0.5% 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 574, Green Lane, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.