According to the public record, 162, Frankley Beeches Road, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 649 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Frankley Beeches Road, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
162, Frankley Beeches Road, Birmingham has 21 entries in the Land Registry database, most recently in September 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 162 Frankley Beeches Road Birmingham as £133,925 and the rental value as £824 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 162 Frankley Beeches Road Birmingham has increased by £5,890 (4.4%) and its rental value has increased by £29 per month (3.5%).
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, Frankley Beeches Road, Birmingham is in very good condition we estimate a sale value of £140,622 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,551 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £133,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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, 162, Frankley Beeches Road, Birmingham was last sold on 05 Sep 2014 for £82,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 54.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Frankley Beeches Road, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 34, Lomas Drive, Birmingham, B31 5LR, a Leasehold flat which sold for £124,990 in Nov 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Frankley Beeches Road, Birmingham, B31 has a total of 349 addresses. According to our analysis of all the public data, 162, Frankley Beeches Road, Birmingham is the 227th largest and the 219th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in B31.
The closest station to 162, Frankley Beeches Road, Birmingham is Northfield station which is 1.2 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 162, Frankley Beeches Road, Birmingham, 34.9% of property is privately owned outright and 32.1% is socially 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 162, Frankley Beeches Road, Birmingham, 20.8% of residents are recorded as possessing school level qualifications and 26.3% 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, Frankley Beeches Road, Birmingham, the average age was 35.4 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 162, Frankley Beeches Road, 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, Frankley Beeches Road, 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.