424, 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.

424 GRESSEL LANE is a flat, which could now be worth an estimated £133,906. It was last sold for £102,000 in January 2008, which was around 8% below the average January 2008 flat price in the Birmingham local authority area.

424 GRESSEL LANE Sold Prices

Land registry data shows four sales for 424 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 424 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
2008 31 JAN	£102,000	£110,355	8% below HPI
2002 8 NOV	£55,000	£71,122	23% below HPI
2000 25 FEB	£39,000	£42,618	8% below HPI
1997 14 MAR	£34,000	£35,504	4% below HPI

What might 424 GRESSEL LANE be worth now?

424 GRESSEL LANE might now be worth an estimated £133,906.

This is based on house price inflation of 31.3%, between January 2008 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 31.3% inflationary increase is applied to the most recent sale price for 424 GRESSEL LANE of £102,000 on 31st January 2008. For the value to have increased from £102,000 to £133,906 over the seventeen years and eight months to May 2026, the following assumptions must hold true:

• The value of 424 GRESSEL LANE has moved in line with the HPI for flats in the Birmingham local authority area.
• The January 2008 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 424 GRESSEL LANE has not materially changed since January 2008.

Where is 424 GRESSEL LANE?

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