According to the public record, 12, Milverton Close, Halesowen is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 603 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Milverton Close, Halesowen, B63 is located in the borough of Dudley within the B63 postal district.
12, Milverton Close, Halesowen has 21 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Milverton Close Halesowen as £126,037 and the rental value as £673 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 12 Milverton Close Halesowen has increased by £6,436 (5.1%) and its rental value has increased by £23 per month (3.4%).
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 12, Milverton Close, Halesowen is in very good condition we estimate a sale value of £132,339 and rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,214 and a rental value of £625 per month.
If you were able to purchase this property for the estimated value of £126,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £619 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 HM Land Registry, 12, Milverton Close, Halesowen was last sold on 17 Aug 2007 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Milverton Close, Halesowen within a radius of 680 metres over the last 2 years.
The most recent example is 15, Milverton Close, Halesowen, B63 3QL, a Leasehold flat which sold for £110,000 in Oct 2023.
Read more about house prices in B63.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milverton Close, Halesowen, B63 has a total of 17 addresses. According to our analysis of all the public data, 12, Milverton Close, Halesowen is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in B63.
The closest station to 12, Milverton Close, Halesowen is Old Hill station which is 1.2 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 12, Milverton Close, Halesowen, 53.0% of property is privately owned outright and 38.5% 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 12, Milverton Close, Halesowen, 18.7% of residents are recorded as possessing school level qualifications and 23.3% 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 12, Milverton Close, Halesowen, the average age was 42.4 and the most common age was 52.
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 12, Milverton Close, Halesowen, 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 12, Milverton Close, Halesowen, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.