396, GRESSEL LANE, BIRMINGHAM, B33 9UX - £108,600

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.

396 GRESSEL LANE is a large flat of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £124,460. It was last sold for £108,600 in July 2019, which was around 14% below the average July 2019 flat price in the Birmingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.

396 GRESSEL LANE Sold Prices

Land registry data shows four sales for 396 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 396 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
2019 12 JUL	£108,600	£126,414	14% below HPI
2003 14 NOV	£78,000	£86,751	10% below HPI
1999 13 DEC	£39,950	£42,893	7% below HPI
1996 27 SEP	£34,950	£35,142	1% below HPI

What might 396 GRESSEL LANE be worth now?

396 GRESSEL LANE might now be worth an estimated £124,460.

This is based on house price inflation of 14.6%, between July 2019 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 14.6% inflationary increase is applied to the most recent sale price for 396 GRESSEL LANE of £108,600 on 12th July 2019. For the value to have increased from £108,600 to £124,460 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 396 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The July 2019 sale price of £108,600 represented a fair market value for the property.
• The size, condition, and specification of 396 GRESSEL LANE has not materially changed since July 2019.

How Large is 396 GRESSEL LANE?

396 GRESSEL LANE is 71m² according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of flats in Birmingham, based on EPC data. 79% of flats are smaller than 396 GRESSEL LANE, and 19% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

396 GRESSEL LANE: Plot

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

Where is 396 GRESSEL LANE?

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