According to the public record, 1, Wellmead Walk, Birmingham is a mid-century house with 538 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellmead Walk, Rubery, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
1, Wellmead Walk, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated April 2014.
We combine this information with public data 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 Wellmead Walk Birmingham as £144,975 and the rental value as £789 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 1 Wellmead Walk Birmingham has increased by £7,844 (5.4%) and its rental value has increased by £31 per month (3.9%).
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, Wellmead Walk, Birmingham is in very good condition we estimate a sale value of £152,223 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,826 and a rental value of £734 per month.
If you were able to purchase this property for the estimated value of £144,975, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £713 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1, Wellmead Walk, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 135, Cock Hill Lane, Birmingham, B45 9RX, a Freehold house which sold for £131,500 in Apr 2021.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellmead Walk, Rubery, Rednal, Birmingham, B45 has a total of 16 addresses. According to our analysis of all the public data, 1, Wellmead Walk, Birmingham is the 11th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in B45.
1, Wellmead Walk, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2014.
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, Wellmead Walk, Birmingham is Longbridge station which is 2.6 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, Wellmead Walk, Birmingham, 63.1% of property is socially rented and 12.3% 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, Wellmead Walk, Birmingham, 24.4% of residents are recorded as possessing school level qualifications and 17.5% 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, Wellmead Walk, Birmingham, the average age was 36.5 and the most common age was 12.
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, Wellmead Walk, 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, Wellmead Walk, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.