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Gate Lane, B16 - Visual Breakdown of House Prices
Explore if Gate Lane in the B16 district in Birmingham is matching, leading, or trailing the broader Birmingham property market.
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Associated Postcodes:
B16 0NF, B46 2DS
How much are properties worth today on Gate Lane?
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House Prices > Birmingham > B16 > Gate Lane
Street’s Market Snapshot
How Much Do Homes Cost on Gate Lane?
- Since 2021, Gate Lane has recorded 9 transactions, with homes selling for an average of £172,600. The average size is 920 square feet, working out at £192 per square foot.
- On Gate Lane, property sales prices have ranged from £3,800 to £650,000, while square footage costs have spanned £3 to £479.
- December 2022 represents the final property sale on Gate Lane.
Local Market Showdown
Property Trends: Gate Lane vs Surrounding Areas
By Sector
B16 0
Why pay sector prices when Gate Lane costs 36% less? (£235,000 vs £172,600). Based on these insights, a home on Gate Lane might come in at £62,500 less than a similar one in the sector.
By District
i.e. B16
Property prices on Gate Lane average out to 23% less than in B16. (£172,600 vs £211,900). With this price gap, a similar home on Gate Lane could be around £39,400 cheaper than one elsewhere in the same district.
By City or Town
i.e. Birmingham
Moving to Gate Lane? Congratulations - you’re likely to save 17% compared to Birmingham. (£172,600 vs £201,000). In other words, buying in Gate Lane over Birmingham could result in savings of approximately £28,600.
More Street-Level Scoop
Further Insights on Gate Lane
- This road is characterised by 24 properties, distributed across 2 postcodes.
- Past transactions confirm that Gate Lane features a mix of newly built and existing properties.
- At present, the EPC rating for properties on Gate Lane stands at 80 (C), though improvements could bring this up to 95 (A).
- On average, homes on Gate Lane feature 920 square feet, offering 4% more living space than Birmingham’s norm.
- Buyers circulate more quickly here, with turnover occurring in 10 months, beating the 6.31 months local average.
Buyer’s Market Lowdown
Smart Reads for Buyers and Sellers in Birmingham
When it comes to Birmingham, the market data often feels vague or outdated. These reads tighten the focus and bring things up to date.
Also, everything from detached averages to how Birmingham compares with neighbouring towns can be found on the House Prices in Birmingham page.
Must-See Stops Nearby
B16 Area Overview
Perhaps you’ve toyed with the idea of B16, mentally bookmarked it, then wandered off – if now feels like the right time to stop circling and actually understand what’s happening there, the information below offers a surprisingly pleasant read.
143
No. of Roads
1,949
No. of Transactions
£300K
Avg. Property Price
924
per sq/ft
Avg. Property Size
£259
per sq/ft
Avg. Cost Per Sq/Ft
Next Streets to Check Out
Roads in the Vicinity to Know
Popular Roads in B16
B16 Roads with Similar Prices
- Waterworks Road
- Wheatsheaf Road
- Ashton Croft
- Bellcroft
- Ruston Street
- Mostyn Road
Roads Near Gate Lane
- Icknield Port Road
- Rotton Park Street
- Algernon Road
- Ashbourne Road
- Barford Road
- Beaks Farm Gardens
