According to the public record, 15, Elm Tree Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,666 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Elm Tree Road, Harborne, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
15, Elm Tree Road, Birmingham has 21 entries in the Land Registry database, most recently in March 2021 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 15 Elm Tree Road Birmingham as £642,896 and the rental value as £2,277 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 15 Elm Tree Road Birmingham has increased by £20,055 (3.1%) and its rental value has increased by £27 per month (1.2%).
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 15, Elm Tree Road, Birmingham is in very good condition we estimate a sale value of £675,041 and rental value of £2,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £597,893 and a rental value of £2,117 per month.
If you were able to purchase this property for the estimated value of £642,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,160 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, 15, Elm Tree Road, Birmingham was last sold on 16 Mar 2021 for £695,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Elm Tree Road, Birmingham within a radius of 650 metres over the last 2 years.
The most recent example is 19, Elm Tree Road, Birmingham, B17 9AP, a Freehold house which sold for £672,500 in Jan 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Tree Road, Harborne, Birmingham, B17 has a total of 39 addresses. According to our analysis of all the public data, 15, Elm Tree Road, Birmingham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £265k more expensive than the average property in B17.
The closest station to 15, Elm Tree Road, Birmingham is University (Birmingham) station which is 2.4 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, Elm Tree Road, Birmingham, 36.0% of property is privately owned with a mortgage and 34.4% 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 15, Elm Tree Road, Birmingham, 17.3% of residents are recorded as possessing school level qualifications and 52.2% 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, Elm Tree Road, Birmingham, the average age was 43.1 and the most common age was 37.
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, Elm Tree Road, Birmingham, 2.8% 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, Elm Tree Road, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.