According to the public record, 15, Mitcheldean Covert, Birmingham is a mid-century apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mitcheldean Covert, Birmingham, B14 is located in the borough of Birmingham within the B14 postal district.
15, Mitcheldean Covert, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated November 2020.
We combine this information with public data 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 Mitcheldean Covert Birmingham as £74,107 and the rental value as £580 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 15 Mitcheldean Covert Birmingham has increased by £3,019 (4.1%) and its rental value has increased by £12 per month (2.2%).
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, Mitcheldean Covert, Birmingham is in very good condition we estimate a sale value of £77,813 and rental value of £609 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,920 and a rental value of £539 per month.
If you were able to purchase this property for the estimated value of £74,107, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £364 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 15, Mitcheldean Covert, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is 23, Ebmore Drive, Birmingham, B14 5UU, a Leasehold flat which sold for £59,000 in Jan 2015.
Read more about house prices in B14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitcheldean Covert, Birmingham, B14 has a total of 17 addresses. According to our analysis of all the public data, 15, Mitcheldean Covert, Birmingham is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in B14.
15, Mitcheldean Covert, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 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, Mitcheldean Covert, Birmingham is Kings Norton station which is 2.1 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, Mitcheldean Covert, Birmingham, 47.1% of property is socially rented and 24.4% 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, Mitcheldean Covert, Birmingham, 21.5% of residents are recorded as possessing school level qualifications and 17.2% 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, Mitcheldean Covert, Birmingham, the average age was 36.8 and the most common age was 7.
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, Mitcheldean Covert, 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, Mitcheldean Covert, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.