According to the public record, 114, Fairfax Road, Birmingham is a mid-century house with 516 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Fairfax Road, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
114, Fairfax Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated May 2021.
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 114 Fairfax Road Birmingham as £149,194 and the rental value as £861 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 114 Fairfax Road Birmingham has increased by £9,362 (6.3%) and its rental value has increased by £45 per month (5.2%).
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 114, Fairfax Road, Birmingham is in very good condition we estimate a sale value of £156,654 and rental value of £904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,751 and a rental value of £801 per month.
If you were able to purchase this property for the estimated value of £149,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £733 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 3 sales of properties similar to 114, Fairfax Road, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 22, Fairfax Drive, Birmingham, B31 3SQ, a Freehold house which sold for £120,000 in Aug 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfax Road, Birmingham, B31 has a total of 248 addresses. According to our analysis of all the public data, 114, Fairfax Road, Birmingham is the 157th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in B31.
114, Fairfax Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2021.
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 114, Fairfax Road, Birmingham is Longbridge station which is 1.0 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 114, Fairfax Road, Birmingham, 45.5% of property is socially rented and 23.6% 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 114, Fairfax Road, Birmingham, 34.7% of residents are recorded as possessing school level qualifications and 20.9% 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 114, Fairfax Road, Birmingham, the average age was 37 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 114, Fairfax Road, Birmingham, 0.3% 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 114, Fairfax Road, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.