According to the public record, 16, Cofton Grove, Birmingham is a mid-century house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cofton Grove, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
16, Cofton Grove, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated January 2013.
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 16 Cofton Grove Birmingham as £164,683 and the rental value as £900 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 16 Cofton Grove Birmingham has increased by £8,093 (4.9%) and its rental value has increased by £33 per month (3.7%).
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 16, Cofton Grove, Birmingham is in very good condition we estimate a sale value of £172,917 and rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,155 and a rental value of £837 per month.
If you were able to purchase this property for the estimated value of £164,683, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £809 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 3 sales of properties similar to 16, Cofton Grove, Birmingham within a radius of 690 metres over the last 2 years.
The most recent example is 43, Cofton Grove, Birmingham, B31 4NP, a Freehold house which sold for £150,000 in Oct 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cofton Grove, Birmingham, B31 has a total of 46 addresses. According to our analysis of all the public data, 16, Cofton Grove, Birmingham is the 37th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in B31.
16, Cofton Grove, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jan 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 16, Cofton Grove, Birmingham is Longbridge station which is 900 metres 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 16, Cofton Grove, Birmingham, 45.6% of property is socially rented and 23.4% 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 16, Cofton Grove, Birmingham, 24.0% of residents are recorded as possessing school level qualifications and 23.3% 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 16, Cofton Grove, Birmingham, the average age was 38.1 and the most common age was 32.
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 16, Cofton Grove, 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 16, Cofton Grove, 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.