402, GRESSEL LANE, BIRMINGHAM, B33 9UX - £94,000

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.

402 GRESSEL LANE is a very small flat of 34m², built sometime between 1967 and 1975, which could now be worth an estimated £110,343. It was last sold for £94,000 in June 2018, which was around 24% below the average June 2018 flat price in the Birmingham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

402 GRESSEL LANE Sold Prices

Land registry data shows one sale for 402 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Birmingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 20 JUN	£94,000	£123,417	24% below HPI

What might 402 GRESSEL LANE be worth now?

402 GRESSEL LANE might now be worth an estimated £110,343.

This is based on house price inflation of 17.4%, between June 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 17.4% inflationary increase is applied to the most recent sale price for 402 GRESSEL LANE of £94,000 on 20th June 2018. For the value to have increased from £94,000 to £110,343 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 402 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The June 2018 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 402 GRESSEL LANE has not materially changed since June 2018.

How Large is 402 GRESSEL LANE?

402 GRESSEL LANE is 34m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of flats in Birmingham, based on EPC data. 3% of flats are smaller than 402 GRESSEL LANE, and 96% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

402 GRESSEL LANE: Plot

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

Where is 402 GRESSEL LANE?

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