According to the public record, 1, Averns Mill Place, Birmingham is a modern freehold house with 2,701 ft2 of internal area and sits on a 784 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Averns Mill Place, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
1, Averns Mill Place, Birmingham has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Averns Mill Place Birmingham as £960,221 and the rental value as £3,218 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 1 Averns Mill Place Birmingham has increased by £31,284 (3.3%) and its rental value has increased by £18 per month (0.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Averns Mill Place, Birmingham is in very good condition we estimate a sale value of £1,008,233 and rental value of £3,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £893,006 and a rental value of £2,992 per month.
If you were able to purchase this property for the estimated value of £960,221, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,719 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Averns Mill Place, Birmingham sits on a plot of 784m2.
We have plot size data on 6 out of 9 other houses in the postcode and 1, Averns Mill Place, Birmingham sits on the largest plot.
According to HM Land Registry, 1, Averns Mill Place, Birmingham was last sold on 24 Feb 2017 for £875,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Averns Mill Place, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 7, Woodville Road, Birmingham, B17 9AS, a Freehold house which sold for £1,000,000 in Oct 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Averns Mill Place, Birmingham, B17 has a total of 9 addresses. According to our analysis of all the public data, 1, Averns Mill Place, Birmingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £582k more expensive than the average property in B17.
1, Averns Mill Place, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 1, Averns Mill Place, Birmingham is University (Birmingham) station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Averns Mill Place, Birmingham, 35.2% of property is privately owned with a mortgage and 31.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Averns Mill Place, Birmingham, 26.0% of residents are recorded as possessing school level qualifications and 53.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Averns Mill Place, Birmingham, the average age was 38.5 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Averns Mill Place, Birmingham, 2.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Averns Mill Place, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.