According to the public record, 23, Parkdale Drive, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 727 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Parkdale Drive, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
23, Parkdale Drive, Birmingham has 21 entries in the Land Registry database, most recently in January 2018 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 Parkdale Drive Birmingham as £136,596 and the rental value as £822 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 23 Parkdale Drive Birmingham has increased by £5,379 (3.9%) and its rental value has increased by £25 per month (3.0%).
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, Parkdale Drive, Birmingham is in very good condition we estimate a sale value of £143,426 and rental value of £863 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,034 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £136,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £671 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, Parkdale Drive, Birmingham was last sold on 31 Jan 2018 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 31.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Parkdale Drive, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 57, Parkdale Drive, Birmingham, B31 4RN, a Leasehold flat which sold for £123,000 in Jan 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkdale Drive, Birmingham, B31 has a total of 52 addresses. According to our analysis of all the public data, 23, Parkdale Drive, Birmingham is the 30th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in B31.
The closest station to 23, Parkdale Drive, Birmingham is Longbridge station which is 800 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, Parkdale Drive, Birmingham, 32.5% of property is socially rented and 22.5% 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, Parkdale Drive, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 25.6% 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, Parkdale Drive, Birmingham, the average age was 37 and the most common age was 12.
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, Parkdale Drive, 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, Parkdale Drive, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.