According to the public record, 2, New Road, Birmingham is a mid-century leasehold house with 2,077 ft2 of internal area and sits on a 918 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
New Road, Hollywood, Birmingham, B47 is located in the borough of Bromsgrove within the B47 postal district.
2, New Road, Birmingham has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated February 2017.
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 New Road Birmingham as £561,613 and the rental value as £1,774 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 2 New Road Birmingham has increased by £9,447 (1.7%) and its rental value has increased by £7 per month (0.4%).
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, New Road, Birmingham is in very good condition we estimate a sale value of £589,694 and rental value of £1,863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,300 and a rental value of £1,650 per month.
If you were able to purchase this property for the estimated value of £561,613, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,760 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, New Road, Birmingham sits on a plot of 918m2.
We have plot size data on 19 out of 35 other houses in the postcode and 2, New Road, Birmingham sits on the 5th largest plot.
According to HM Land Registry, 2, New Road, Birmingham was last sold on 21 Mar 2018 for £465,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, New Road, Birmingham within a radius of 840 metres over the last 2 years.
The most recent example is 101, Alcester Road, Birmingham, B47 5NR, a Freehold house which sold for £626,500 in Nov 2021.
Read more about house prices in B47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Hollywood, Birmingham, B47 has a total of 37 addresses. According to our analysis of all the public data, 2, New Road, Birmingham is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £285k more expensive than the average property in B47.
2, New Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2017.
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 2, New Road, Birmingham is Whitlocks End station which is 2.3 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, New Road, Birmingham, 46.1% of property is privately owned outright and 44.1% 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 2, New Road, Birmingham, 20.4% of residents are recorded as possessing school level qualifications and 34.0% 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, New Road, Birmingham, the average age was 45.3 and the most common age was 57.
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, New Road, 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, New Road, Birmingham, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.