According to the public record, 17, Ridgacre Lane, Birmingham is a early-century leasehold house with 925 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ridgacre Lane, Quinton, Birmingham, B32 is located in the borough of Birmingham within the B32 postal district.
17, Ridgacre Lane, Birmingham has 21 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated November 2020.
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 17 Ridgacre Lane Birmingham as £215,266 and the rental value as £928 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 17 Ridgacre Lane Birmingham has increased by £5,797 (2.7%) and its rental value has increased by £15 per month (1.7%).
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 17, Ridgacre Lane, Birmingham is in very good condition we estimate a sale value of £226,029 and rental value of £974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,197 and a rental value of £863 per month.
If you were able to purchase this property for the estimated value of £215,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,058 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, 17, Ridgacre Lane, Birmingham sits on a plot of 240m2.
We have plot size data on 9 out of 25 other houses in the postcode and 17, Ridgacre Lane, Birmingham sits on the 9th largest plot.
According to HM Land Registry, 17, Ridgacre Lane, Birmingham was last sold on 28 Jul 2021 for £255,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Ridgacre Lane, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 5, Ridgacre Lane, Birmingham, B32 1ES, a Freehold house which sold for £230,000 in Apr 2023.
Read more about house prices in B32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgacre Lane, Quinton, Birmingham, B32 has a total of 122 addresses. According to our analysis of all the public data, 17, Ridgacre Lane, Birmingham is the 43rd largest and the 58th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in B32.
17, Ridgacre Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2020.
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 17, Ridgacre Lane, Birmingham is Rowley Regis station which is 2.9 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 17, Ridgacre Lane, Birmingham, 47.8% of property is privately owned outright and 43.3% 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 17, Ridgacre Lane, Birmingham, 16.3% of residents are recorded as possessing school level qualifications and 47.6% 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 17, Ridgacre Lane, Birmingham, the average age was 39.5 and the most common age was 37.
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 17, Ridgacre Lane, Birmingham, 2.8% 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 17, Ridgacre Lane, Birmingham, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.