According to the public record, 18 Michael Blanning House, Wake Green Park, Birmingham is a modern Leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 18, Wake Green Park, Birmingham, B13.
Wake Green Park, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
18 Michael Blanning House, Wake Green Park, Birmingham has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated January 2019.
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 18 Michael Blanning House Wake Green Park Birmingham as £124,877 and the rental value as £831 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 18 Michael Blanning House Wake Green Park Birmingham has increased by £4,160 (3.3%) and its rental value has increased by £18 per month (2.2%).
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 18 Michael Blanning House, Wake Green Park, Birmingham is in very good condition we estimate a sale value of £131,121 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,136 and a rental value of £773 per month.
If you were able to purchase this property for the estimated value of £124,877, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £614 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, 18 Michael Blanning House, Wake Green Park, Birmingham was last sold on 29 Jun 2015 for £69,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 41.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18 Michael Blanning House, Wake Green Park, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is 17 Michael Blanning House, Wake Green Park, Birmingham, B13 9XS, a Leasehold flat which sold for £125,000 in Nov 2022.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wake Green Park, Birmingham, B13 has a total of 354 addresses. According to our analysis of all the public data, 18 Michael Blanning House, Wake Green Park, Birmingham is the 278th largest and the 235th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in B13.
18 Michael Blanning House, Wake Green Park, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2019.
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 Michael Blanning House, Wake Green Park, Birmingham is Hall Green station which is 2.0 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 Michael Blanning House, Wake Green Park, Birmingham, 38.7% of property is privately owned with a mortgage and 36.0% 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 Michael Blanning House, Wake Green Park, Birmingham, 1.1% of residents are recorded as possessing school level qualifications and 53.3% 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 18 Michael Blanning House, Wake Green Park, Birmingham, the average age was 38.7 and the most common age was 27.
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 Michael Blanning House, Wake Green Park, 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 Michael Blanning House, Wake Green Park, 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.