According to the public record, 122, Drews Lane, Birmingham is a early-century freehold house with 1,097 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Drews Lane, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
122, Drews Lane, Birmingham has 2 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated May 2016.
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 122 Drews Lane Birmingham as £202,280 and the rental value as £1,049 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 122 Drews Lane Birmingham has increased by £8,346 (4.1%) and its rental value has increased by £41 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 122, Drews Lane, Birmingham is in very good condition we estimate a sale value of £212,394 and rental value of £1,101 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,121 and a rental value of £975 per month.
If you were able to purchase this property for the estimated value of £202,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 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, 122, Drews Lane, Birmingham sits on a plot of 247m2.
We have plot size data on 36 out of 50 other houses in the postcode and 122, Drews Lane, Birmingham sits on the 20th largest plot.
According to HM Land Registry, 122, Drews Lane, Birmingham was last sold on 22 Jun 2016 for £102,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has risen 46.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 122, Drews Lane, Birmingham within a radius of 750 metres over the last 2 years.
The most recent example is 120, Wardend Road, Birmingham, B8 2QZ, a Freehold house which sold for £203,000 in Jul 2022.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drews Lane, Birmingham, B8 has a total of 161 addresses. According to our analysis of all the public data, 122, Drews Lane, Birmingham is the 26th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in B8.
122, Drews Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2016.
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 122, Drews Lane, Birmingham is Gravelly Hill station which is 2.0 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 122, Drews Lane, Birmingham, 41.0% of property is privately owned with a mortgage and 29.1% 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 122, Drews Lane, Birmingham, 33.1% of residents are recorded as possessing school level qualifications and 19.7% 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 122, Drews Lane, Birmingham, the average age was 30.4 and the most common age was 17.
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 122, Drews Lane, Birmingham, 0.2% 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 122, Drews Lane, 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.