420, GRESSEL LANE, BIRMINGHAM, B33 9UX - £120,000

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.

420 GRESSEL LANE is a very large extended flat of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £124,907. It was last sold for £120,000 in January 2022, which was around 14% below the average January 2022 flat price in the Birmingham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

420 GRESSEL LANE Sold Prices

Land registry data shows four sales for 420 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 420 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
2022 14 JAN	£120,000	£139,183	14% below HPI
2018 16 FEB	£105,000	£123,114	15% below HPI
2015 30 APR	£78,950	£101,144	22% below HPI
1997 30 APR	£33,000	£35,897	8% below HPI

What might 420 GRESSEL LANE be worth now?

420 GRESSEL LANE might now be worth an estimated £124,907.

This is based on house price inflation of 4.1%, between January 2022 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 4.1% inflationary increase is applied to the most recent sale price for 420 GRESSEL LANE of £120,000 on 14th January 2022. For the value to have increased from £120,000 to £124,907 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 420 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The January 2022 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 420 GRESSEL LANE has not materially changed since January 2022.

How Large is 420 GRESSEL LANE?

420 GRESSEL LANE is 100m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of flats in Birmingham, based on EPC data. 97% of flats are smaller than 420 GRESSEL LANE, and 3% of flats are larger. Note that EPC data is not available for all properties in Birmingham.

420 GRESSEL LANE: Plot

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

Where is 420 GRESSEL LANE?

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