According to the public record, 133, Lazy Hill, Birmingham is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lazy Hill, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
133, Lazy Hill, Birmingham has 3 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated August 2018.
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 133 Lazy Hill Birmingham as £135,231 and the rental value as £781 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 133 Lazy Hill Birmingham has increased by £6,543 (4.8%) and its rental value has increased by £24 per month (3.1%).
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 133, Lazy Hill, Birmingham is in very good condition we estimate a sale value of £141,992 and rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,765 and a rental value of £726 per month.
If you were able to purchase this property for the estimated value of £135,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £665 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, 133, Lazy Hill, Birmingham was last sold on 21 May 2021 for £138,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 133, Lazy Hill, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 94, Lazy Hill, Birmingham, B38 9PA, a Leasehold flat which sold for £135,000 in Jul 2022.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lazy Hill, Birmingham, B38 has a total of 157 addresses. According to our analysis of all the public data, 133, Lazy Hill, Birmingham is the 102nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in B38.
133, Lazy Hill, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2018.
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 133, Lazy Hill, Birmingham is Kings Norton station which is 1.3 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 133, Lazy Hill, Birmingham, 43.1% of property is privately owned with a mortgage and 26.6% is privately rented.
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 133, Lazy Hill, Birmingham, 11.2% of residents are recorded as possessing school level qualifications and 39.9% 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 133, Lazy Hill, Birmingham, the average age was 37.6 and the most common age was 27.
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 133, Lazy Hill, 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 133, Lazy Hill, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.