According to the public record, 18, Timbers Way, Birmingham is a mid-century apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Timbers Way, Sparkbrook, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
18, Timbers Way, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated August 2022.
We combine this information with public data 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 18 Timbers Way Birmingham as £100,901 and the rental value as £526 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 18 Timbers Way Birmingham has increased by £3,857 (3.8%) and its rental value has increased by £14 per month (2.6%).
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 18, Timbers Way, Birmingham is in very good condition we estimate a sale value of £105,946 and rental value of £553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,838 and a rental value of £489 per month.
If you were able to purchase this property for the estimated value of £100,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £496 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Timbers Way, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 12, Timbers Way, Birmingham, B11 1ST, a Leasehold flat which sold for £76,000 in Mar 2016.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Timbers Way, Sparkbrook, Birmingham, B11 has a total of 36 addresses. According to our analysis of all the public data, 18, Timbers Way, Birmingham is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in B11.
18, Timbers Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2022.
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 18, Timbers Way, Birmingham is Bordesley station which is 1.1 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 18, Timbers Way, Birmingham, 33.0% of property is socially rented and 24.5% 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 18, Timbers Way, Birmingham, 22.3% of residents are recorded as possessing school level qualifications and 25.0% 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 18, Timbers Way, Birmingham, the average age was 31.4 and the most common age was 17.
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 18, Timbers Way, 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 18, Timbers Way, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.