According to the public record, 2, Park Mews, Birmingham is a modern house with 505 ft2 of internal area and sits on a 120 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Park Mews, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
2, Park Mews, Birmingham has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2019.
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 2 Park Mews Birmingham as £189,595 and the rental value as £1,010 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2 Park Mews Birmingham has increased by £15,078 (8.0%) and its rental value has increased by £37 per month (3.6%).
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, Park Mews, Birmingham is in very good condition we estimate a sale value of £199,075 and rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,324 and a rental value of £939 per month.
If you were able to purchase this property for the estimated value of £189,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £932 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, Park Mews, Birmingham sits on a plot of 120m2.
We have plot size data on 17 out of 18 other houses in the postcode and 2, Park Mews, Birmingham sits on the 9th largest plot.
According to HM Land Registry, 2, Park Mews, Birmingham was last sold on 30 Sep 1998 for £54,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Mews, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is 9, Park Mews, Birmingham, B29 5JQ, a Freehold house which sold for £170,500 in Mar 2022.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Mews, Birmingham, B29 has a total of 18 addresses. According to our analysis of all the public data, 2, Park Mews, Birmingham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in B29.
2, Park Mews, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 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 2, Park Mews, Birmingham is Selly Oak 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, Park Mews, Birmingham, 32.2% of property is privately owned with a mortgage and 26.0% 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, Park Mews, Birmingham, 25.2% of residents are recorded as possessing school level qualifications and 42.4% 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, Park Mews, Birmingham, the average age was 39.9 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, Park Mews, Birmingham, 0.5% 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, Park Mews, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.