According to the public record, 1, Farfield Close, Birmingham is a mid-century freehold house with 764 ft2 of internal area and sits on a 253 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farfield Close, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
1, Farfield Close, Birmingham has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated September 2015.
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 Farfield Close Birmingham as £258,884 and the rental value as £1,186 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Farfield Close Birmingham has increased by £10,618 (4.1%) and its rental value has increased by £35 per month (2.9%).
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, Farfield Close, Birmingham is in very good condition we estimate a sale value of £271,829 and rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,763 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £258,884, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,272 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, Farfield Close, Birmingham sits on a plot of 253m2.
We have plot size data on 13 out of 22 other houses in the postcode and 1, Farfield Close, Birmingham sits on the 7th largest plot.
According to HM Land Registry, 1, Farfield Close, Birmingham was last sold on 18 Jan 2016 for £150,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Farfield Close, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 43, New Meadow Close, Birmingham, B31 3XT, a Freehold house which sold for £335,000 in May 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farfield Close, Birmingham, B31 has a total of 22 addresses. According to our analysis of all the public data, 1, Farfield Close, Birmingham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in B31.
1, Farfield Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Farfield Close, Birmingham is Northfield station which is 600 metres 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, Farfield Close, Birmingham, 49.6% of property is privately owned outright and 24.4% is privately owned with a mortgage.
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, Farfield Close, Birmingham, 14.0% of residents are recorded as possessing school level qualifications and 26.5% 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, Farfield Close, Birmingham, the average age was 42.3 and the most common age was 57.
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, Farfield Close, Birmingham, 0.0% 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, Farfield Close, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.