Apartment 4 531 Tessall Lane

    APARTMENT 4 531, TESSALL LANE, LONGBRIDGE, BIRMINGHAM, B31 5HA

    This flat/maisonette freehold property on Tessall Lane last sold in August 2024 for £115,000. Based on price growth in the B31 district since then, its estimated current value is £108,934 — placing it in the 5th percentile nationally and the 6th percentile within B31. The property covers 41 m² (441 sq ft), giving an estimated value of £2,657 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    41 m²

    (441 sq ft)

    Last Sale Price

    £115,000

    Aug 2024

    Estimated Valuation

    £108,934

    Est. £/m²

    £2,657/m²

    £247/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area41 m² (441 sq ft)
    EPC dateJul 2014
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2024

    £115,000

    15 Sept 2017

    £102,500

    17 Apr 2015

    New build

    £98,995

    Key Metrics

    Estimated valuation£108,934
    Value per m² / sq ft£2,657/m² (£247/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile6th 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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