According to the public record, 16, Hope Street, Birmingham is a modern freehold house with 1,119 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hope Street, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
16, Hope Street, Birmingham has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated June 2021.
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 good condition, we estimate the current sale value for 16 Hope Street Birmingham as £395,207 and the rental value as £1,528 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 16 Hope Street Birmingham has increased by £11,478 (2.9%) and its rental value has increased by £32 per month (2.1%).
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 16, Hope Street, Birmingham is in very good condition we estimate a sale value of £414,968 and rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,543 and a rental value of £1,421 per month.
If you were able to purchase this property for the estimated value of £395,207, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,942 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, 16, Hope Street, Birmingham sits on a plot of 114m2.
We have plot size data on 19 out of 20 other houses in the postcode and 16, Hope Street, Birmingham sits on the 5th largest plot.
According to HM Land Registry, 16, Hope Street, Birmingham was last sold on 24 Jun 2021 for £412,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Hope Street, Birmingham within a radius of 370 metres over the last 2 years.
The most recent example is 14, Hope Street, Birmingham, B5 7EU, a Freehold house which sold for £425,000 in Aug 2021.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hope Street, Birmingham, B5 has a total of 62 addresses. According to our analysis of all the public data, 16, Hope Street, Birmingham is the 10th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in B5.
16, Hope Street, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 16, Hope Street, Birmingham is Five Ways station which is 1.0 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 16, Hope Street, Birmingham, 58.7% of property is socially rented and 28.6% 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 16, Hope Street, Birmingham, 24.9% of residents are recorded as possessing school level qualifications and 46.8% 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, Hope Street, Birmingham, the average age was 30.3 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 16, Hope Street, 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, Hope Street, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.