426, GRESSEL LANE, BIRMINGHAM, B33 9UX - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

426 GRESSEL LANE is a large flat of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £130,107. It was last sold for £115,000 in December 2018, which was around 10% below the average December 2018 flat price in the Birmingham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

426 GRESSEL LANE Sold Prices

Land registry data shows four sales for 426 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Birmingham local authority area for the corresponding sale date. All of the four 426 GRESSEL LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 7 DEC	£115,000	£128,053	10% below HPI
2018 20 APR	£73,550	£122,430	40% below HPI
2006 31 MAR	£100,000	£103,113	3% below HPI
1998 23 JAN	£30,000	£36,916	19% below HPI

What might 426 GRESSEL LANE be worth now?

426 GRESSEL LANE might now be worth an estimated £130,107.

This is based on house price inflation of 13.1%, between December 2018 and May 2026, for flats, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 426 GRESSEL LANE of £115,000 on 7th December 2018. For the value to have increased from £115,000 to £130,107 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 426 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The December 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 426 GRESSEL LANE has not materially changed since December 2018.

How Large is 426 GRESSEL LANE?

426 GRESSEL LANE is 70m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of flats in Birmingham, based on EPC data. 78% of flats are smaller than 426 GRESSEL LANE, and 21% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

426 GRESSEL LANE: Plot

426 GRESSEL LANE sits on a plot of roughly 1.3 acres, or 5,290m².

Where is 426 GRESSEL LANE?

426 GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district.