According to the public record, 23, Alder Road, Birmingham is a period house with 1,044 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alder Road, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
23, Alder Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated May 2020.
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 23 Alder Road Birmingham as £208,878 and the rental value as £1,140 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 23 Alder Road Birmingham has increased by £11,147 (5.3%) and its rental value has increased by £47 per month (4.1%).
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 23, Alder Road, Birmingham is in very good condition we estimate a sale value of £219,322 and rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,257 and a rental value of £1,060 per month.
If you were able to purchase this property for the estimated value of £208,878, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,027 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 23, Alder Road, Birmingham within a radius of 390 metres over the last 2 years.
The most recent example is 26, Alder Road, Birmingham, B12 8BS, a Freehold house which sold for £178,000 in Feb 2020.
Read more about house prices in B12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alder Road, Birmingham, B12 has a total of 27 addresses. According to our analysis of all the public data, 23, Alder Road, Birmingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in B12.
23, Alder Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2020.
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 23, Alder Road, Birmingham is Small Heath station which is 1.9 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 23, Alder Road, Birmingham, 38.3% of property is socially rented and 24.4% 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 23, Alder Road, Birmingham, 31.0% of residents are recorded as possessing school level qualifications and 28.4% 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 23, Alder Road, Birmingham, the average age was 33.5 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 23, Alder Road, 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 23, Alder Road, 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.