Flat 2 338a Tessall Lane

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

    This flat/maisonette leasehold property on Tessall Lane last sold in February 2015 for £84,000. Based on price growth in the B31 district since then, its estimated current value is £79,753 — placing it in the 2nd percentile nationally and the 2nd percentile within B31. The property covers 61 m² (657 sq ft), giving an estimated value of £1,307 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £84,000

    Feb 2015

    Estimated Valuation

    £79,753

    Est. £/m²

    £1,307/m²

    £121/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area61 m² (657 sq ft)
    EPC dateSept 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Feb 2015

    £84,000

    Key Metrics

    Estimated valuation£79,753
    Value per m² / sq ft£1,307/m² (£121/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile2nd percentile
    National percentile2nd 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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