According to the public record, 16, Rycroft Grove, Birmingham is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rycroft Grove, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
16, Rycroft Grove, Birmingham has a single entry in the Land Registry database from January 2008 and a single entry in the EPC database dated November 2011.
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 16 Rycroft Grove Birmingham as £93,851 and the rental value as £639 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 16 Rycroft Grove Birmingham has increased by £1,754 (1.9%) and its rental value has increased by £20 per month (3.2%).
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 16, Rycroft Grove, Birmingham is in very good condition we estimate a sale value of £98,543 and rental value of £671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,281 and a rental value of £594 per month.
If you were able to purchase this property for the estimated value of £93,851, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £461 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, 16, Rycroft Grove, Birmingham was last sold on 28 Jan 2008 for £68,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Rycroft Grove, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is 19, Rycroft Grove, Birmingham, B33 0DT, a Leasehold flat which sold for £76,000 in Apr 2020.
Read more about house prices in B33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rycroft Grove, Birmingham, B33 has a total of 32 addresses. According to our analysis of all the public data, 16, Rycroft Grove, Birmingham is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in B33.
16, Rycroft Grove, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2011.
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 16, Rycroft Grove, Birmingham is Lea Hall station which is 600 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, Rycroft Grove, Birmingham, 31.3% of property is privately owned with a mortgage and 25.2% 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, Rycroft Grove, Birmingham, 19.9% of residents are recorded as possessing school level qualifications and 18.9% 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 16, Rycroft Grove, Birmingham, the average age was 36.3 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 16, Rycroft Grove, Birmingham, 1.0% 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, Rycroft Grove, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.