400, GRESSEL LANE, BIRMINGHAM, B33 9UX - £102,000

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.

400 GRESSEL LANE is a large flat of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £116,896. It was last sold for £102,000 in July 2019, which was around 19% below the average July 2019 flat price in the Birmingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

400 GRESSEL LANE Sold Prices

Land registry data shows four sales for 400 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 400 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 1 JUL	£102,000	£126,414	19% below HPI
2005 17 JUN	£89,000	£102,336	13% below HPI
2002 1 MAR	£50,000	£57,243	13% below HPI
1998 8 MAY	£25,000	£37,517	33% below HPI

What might 400 GRESSEL LANE be worth now?

400 GRESSEL LANE might now be worth an estimated £116,896.

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 400 GRESSEL LANE of £102,000 on 1st July 2019. For the value to have increased from £102,000 to £116,896 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 400 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The July 2019 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 400 GRESSEL LANE has not materially changed since July 2019.

How Large is 400 GRESSEL LANE?

400 GRESSEL LANE is 70m² according to the EPC inspection conducted in July 2011. This puts it in the largest 30% of flats in Birmingham, based on EPC data. 78% of flats are smaller than 400 GRESSEL LANE, and 21% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

400 GRESSEL LANE: Plot

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

Where is 400 GRESSEL LANE?

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