According to the public record, 162, Fordrough Lane, Birmingham is a early-century freehold house with 904 ft2 of internal area and sits on a 182 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fordrough Lane, Birmingham, B9 is located in the borough of Birmingham within the B9 postal district.
162, Fordrough Lane, Birmingham has 21 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated August 2014.
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 162 Fordrough Lane Birmingham as £213,429 and the rental value as £894 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 162 Fordrough Lane Birmingham has increased by £11,883 (5.6%) and its rental value has increased by £39 per month (4.4%).
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 162, Fordrough Lane, Birmingham is in very good condition we estimate a sale value of £224,100 and rental value of £938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,489 and a rental value of £831 per month.
If you were able to purchase this property for the estimated value of £213,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,049 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, 162, Fordrough Lane, Birmingham sits on a plot of 182m2.
We have plot size data on 34 out of 42 other houses in the postcode and 162, Fordrough Lane, Birmingham sits on the 16th largest plot.
According to HM Land Registry, 162, Fordrough Lane, Birmingham was last sold on 21 Dec 2023 for £221,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Fordrough Lane, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is 126, Fordrough Lane, Birmingham, B9 5LB, a Freehold house which sold for £162,500 in Oct 2020.
Read more about house prices in B9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fordrough Lane, Birmingham, B9 has a total of 110 addresses. According to our analysis of all the public data, 162, Fordrough Lane, Birmingham is the 50th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in B9.
162, Fordrough Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2014.
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 162, Fordrough Lane, Birmingham is Adderley Park 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 162, Fordrough Lane, Birmingham, 28.4% of property is privately owned with a mortgage and 26.2% 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 162, Fordrough Lane, Birmingham, 42.0% of residents are recorded as possessing school level qualifications and 17.3% 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 162, Fordrough Lane, Birmingham, the average age was 28.7 and the most common age was 12.
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 162, Fordrough Lane, Birmingham, 0.4% 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 162, Fordrough Lane, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.