According to the public record, 2, Chancellors Close, Birmingham is a mid-century leasehold house with 1,065 ft2 of internal area and sits on a 264 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chancellors Close, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
2, Chancellors Close, Birmingham has a single entry in the Land Registry database from June 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 2 Chancellors Close Birmingham as £481,780 and the rental value as £2,228 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Chancellors Close Birmingham has increased by £33,120 (6.9%) and its rental value has increased by £102 per month (4.6%).
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 2, Chancellors Close, Birmingham is in very good condition we estimate a sale value of £505,869 and rental value of £2,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,055 and a rental value of £2,072 per month.
If you were able to purchase this property for the estimated value of £481,780, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,368 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, 2, Chancellors Close, Birmingham sits on a plot of 264m2.
We have plot size data on 17 out of 23 other houses in the postcode and 2, Chancellors Close, Birmingham sits on the 9th largest plot.
According to HM Land Registry, 2, Chancellors Close, Birmingham was last sold on 15 Jun 2021 for £360,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chancellors Close, Birmingham within a radius of 730 metres over the last 2 years.
The most recent example is 38, Chancellors Close, Birmingham, B15 3UJ, a Freehold house which sold for £490,000 in Sep 2022.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chancellors Close, Birmingham, B15 has a total of 37 addresses. According to our analysis of all the public data, 2, Chancellors Close, Birmingham is the 5th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in B15.
2, Chancellors Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Chancellors Close, Birmingham is Five Ways station which is 1.7 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 2, Chancellors Close, Birmingham, 39.1% of property is privately owned outright and 32.7% is privately 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 2, Chancellors Close, Birmingham, 18.3% of residents are recorded as possessing school level qualifications and 67.0% 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 2, Chancellors Close, Birmingham, the average age was 37.5 and the most common age was 22.
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 2, Chancellors Close, Birmingham, 0.8% 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 2, Chancellors Close, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.