According to the public record, 15, Chesterwood, Birmingham is a mid-century freehold house with 861 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chesterwood, Hollywood, Birmingham, B47 is located in the borough of Bromsgrove within the B47 postal district.
15, Chesterwood, Birmingham has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated June 2020.
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 15 Chesterwood Birmingham as £345,007 and the rental value as £1,347 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 15 Chesterwood Birmingham has increased by £15,036 (4.4%) and its rental value has increased by £40 per month (3.0%).
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 15, Chesterwood, Birmingham is in very good condition we estimate a sale value of £362,257 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,856 and a rental value of £1,253 per month.
If you were able to purchase this property for the estimated value of £345,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,696 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, 15, Chesterwood, Birmingham sits on a plot of 218m2.
We have plot size data on 19 out of 25 other houses in the postcode and 15, Chesterwood, Birmingham sits on the 15th largest plot.
According to HM Land Registry, 15, Chesterwood, Birmingham was last sold on 19 Dec 2022 for £337,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Chesterwood, Birmingham within a radius of 740 metres over the last 2 years.
The most recent example is 6, Chesterwood, Birmingham, B47 5EN, a Freehold house which sold for £275,000 in Dec 2023.
Read more about house prices in B47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chesterwood, Hollywood, Birmingham, B47 has a total of 25 addresses. According to our analysis of all the public data, 15, Chesterwood, Birmingham is the 22nd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in B47.
15, Chesterwood, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2020.
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 15, Chesterwood, Birmingham is Wythall 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 15, Chesterwood, Birmingham, 59.2% of property is privately owned outright and 28.3% 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 15, Chesterwood, Birmingham, 16.5% of residents are recorded as possessing school level qualifications and 33.9% 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 15, Chesterwood, Birmingham, the average age was 45.3 and the most common age was 57.
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 15, Chesterwood, 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 15, Chesterwood, Birmingham, 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.