418, GRESSEL LANE, BIRMINGHAM, B33 9UX - £64,000

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.

418 GRESSEL LANE is a large flat of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £116,664. It was last sold for £64,000 in April 2003, which was around 19% below the average April 2003 flat price in the Birmingham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

418 GRESSEL LANE Sold Prices

Land registry data shows two sales for 418 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. Both of the two 418 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
2003 10 APR	£64,000	£79,476	19% below HPI
2000 13 NOV	£37,000	£46,949	21% below HPI

What might 418 GRESSEL LANE be worth now?

418 GRESSEL LANE might now be worth an estimated £116,664.

This is based on house price inflation of 82.3%, between April 2003 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 82.3% inflationary increase is applied to the most recent sale price for 418 GRESSEL LANE of £64,000 on 10th April 2003. For the value to have increased from £64,000 to £116,664 over the 22 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 418 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The April 2003 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 418 GRESSEL LANE has not materially changed since April 2003.

How Large is 418 GRESSEL LANE?

418 GRESSEL LANE is 69m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of flats in Birmingham, based on EPC data. 76% of flats are smaller than 418 GRESSEL LANE, and 23% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

418 GRESSEL LANE: Plot

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

Where is 418 GRESSEL LANE?

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