According to the public record, 23, Parsons Mews, Birmingham is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Parsons Mews, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
23, Parsons Mews, Birmingham has a single entry in the Land Registry database from July 2008 and a single entry in the EPC database dated October 2018.
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 23 Parsons Mews Birmingham as £153,425 and the rental value as £919 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 23 Parsons Mews Birmingham has increased by £6,621 (4.3%) and its rental value has increased by £20 per month (2.2%).
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, Parsons Mews, Birmingham is in very good condition we estimate a sale value of £161,096 and rental value of £965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,685 and a rental value of £855 per month.
If you were able to purchase this property for the estimated value of £153,425, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £754 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, Parsons Mews, Birmingham was last sold on 31 Jul 2008 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2008, the market for similar properties has risen 55.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Parsons Mews, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 2, Harbinger Road, Birmingham, B38 0AD, a Leasehold flat which sold for £151,250 in Nov 2022.
Read more about house prices in B30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Mews, Birmingham, B30 has a total of 17 addresses. According to our analysis of all the public data, 23, Parsons Mews, Birmingham is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in B30.
23, Parsons Mews, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 23, Parsons Mews, Birmingham is Kings Norton station which is 1.2 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, Parsons Mews, Birmingham, 32.9% of property is privately owned with a mortgage and 26.7% 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, Parsons Mews, Birmingham, 25.3% of residents are recorded as possessing school level qualifications and 22.8% 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, Parsons Mews, Birmingham, the average age was 37.6 and the most common age was 27.
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, Parsons Mews, Birmingham, 0.3% 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, Parsons Mews, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.