382, 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.

382 GRESSEL LANE is a very large flat of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £122,014. It was last sold for £115,000 in October 2021, which was around 16% below the average October 2021 flat price in the Birmingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

382 GRESSEL LANE Sold Prices

Land registry data shows five sales for 382 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Birmingham local authority area for the corresponding sale date. All of the five 382 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
2021 11 OCT	£115,000	£136,547	16% below HPI
2008 22 AUG	£69,837	£102,515	32% below HPI
2007 15 JUN	£87,000	£110,089	21% below HPI
2002 12 JUL	£54,950	£64,607	15% below HPI
2000 10 MAR	£36,000	£41,999	14% below HPI

What might 382 GRESSEL LANE be worth now?

382 GRESSEL LANE might now be worth an estimated £122,014.

This is based on house price inflation of 6.1%, between October 2021 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 6.1% inflationary increase is applied to the most recent sale price for 382 GRESSEL LANE of £115,000 on 11th October 2021. For the value to have increased from £115,000 to £122,014 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 382 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The October 2021 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 382 GRESSEL LANE has not materially changed since October 2021.

How Large is 382 GRESSEL LANE?

382 GRESSEL LANE is 72m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of flats in Birmingham, based on EPC data. 81% of flats are smaller than 382 GRESSEL LANE, and 17% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

382 GRESSEL LANE: Plot

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

Where is 382 GRESSEL LANE?

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