298, GRESSEL LANE, BIRMINGHAM, B33 9UN - £39,000

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.

298 GRESSEL LANE is a midsized flat of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £95,921. It was last sold for £39,000 in April 2002, which was around 34% below the average April 2002 flat price in the Birmingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

298 GRESSEL LANE Sold Prices

Land registry data shows two sales for 298 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Birmingham local authority area for the corresponding sale date. One of the two 298 GRESSEL LANE sales was for below the average price, whilst the other was for above 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
2002 19 APR	£39,000	£58,904	34% below HPI
2000 23 MAR	£42,500	£41,999	1% above HPI

What might 298 GRESSEL LANE be worth now?

298 GRESSEL LANE might now be worth an estimated £95,921.

This is based on house price inflation of 146%, between April 2002 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 146% inflationary increase is applied to the most recent sale price for 298 GRESSEL LANE of £39,000 on 19th April 2002. For the value to have increased from £39,000 to £95,921 over the 23 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 298 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The April 2002 sale price of £39,000 represented a fair market value for the property.
• The size, condition, and specification of 298 GRESSEL LANE has not materially changed since April 2002.

How Large is 298 GRESSEL LANE?

298 GRESSEL LANE is 55m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of flats in Birmingham, based on EPC data. 42% of flats are smaller than 298 GRESSEL LANE, and 56% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

298 GRESSEL LANE: Plot

298 GRESSEL LANE sits on a plot of roughly 0.441 of an acre, or 1,786m².

Where is 298 GRESSEL LANE?

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