Flat 2 338 Tessall Lane

    FLAT 2 338, TESSALL LANE, BIRMINGHAM, BIRMINGHAM, B31 5EN

    This flat/maisonette leasehold property on Tessall Lane last sold in April 2002 for £42,000. Based on price growth in the B31 district since then, its estimated current value is £106,893 — placing it in the 5th percentile nationally and the 5th percentile within B31. The property covers 57 m² (614 sq ft), giving an estimated value of £1,875 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    57 m²

    (614 sq ft)

    Last Sale Price

    £42,000

    Apr 2002

    Estimated Valuation

    £106,893

    Est. £/m²

    £1,875/m²

    £174/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area57 m² (614 sq ft)
    EPC dateAug 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2002

    £42,000

    Key Metrics

    Estimated valuation£106,893
    Value per m² / sq ft£1,875/m² (£174/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile5th percentile
    National percentile5th percentile

    District Context — B31

    B31 covers neighbourhoods in south Birmingham, forming part of the wider south-west urban area. The district has a notably young population profile and a significant proportion of social housing, reflecting its character as an established residential community.

    Average Property Price - B31

    £249,023

    27

    National percentile

    Average Net Household Income - B31

    £36,597

    41

    National percentile

    10-Year Annualised Price Growth - B31

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B31

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