According to the public record, 23, Farlow Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 988 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Farlow Road, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
23, Farlow Road, Birmingham has 2 entries in the Land Registry database, most recently in May 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Farlow Road Birmingham as £316,340 and the rental value as £1,236 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 23 Farlow Road Birmingham has increased by £13,894 (4.4%) and its rental value has increased by £40 per month (3.2%).
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 23, Farlow Road, Birmingham is in very good condition we estimate a sale value of £332,157 and rental value of £1,297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,196 and a rental value of £1,149 per month.
If you were able to purchase this property for the estimated value of £316,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,555 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, 23, Farlow Road, Birmingham was last sold on 22 May 2014 for £178,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 72.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Farlow Road, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 45, Wychall Road, Birmingham, B31 3AB, a Freehold house which sold for £290,000 in Jul 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farlow Road, Birmingham, B31 has a total of 56 addresses. According to our analysis of all the public data, 23, Farlow Road, Birmingham is the 13th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in B31.
The closest station to 23, Farlow Road, Birmingham is Northfield station which is 900 metres 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, Farlow Road, Birmingham, 49.6% of property is privately owned outright and 41.7% 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 23, Farlow Road, Birmingham, 18.7% of residents are recorded as possessing school level qualifications and 29.9% 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, Farlow Road, Birmingham, the average age was 42.3 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 23, Farlow Road, Birmingham, 0.6% 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, Farlow Road, 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.