According to the public record, 240, Wright Road, Birmingham is a period freehold house with 775 ft2 of internal area and sits on a 133 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wright Road, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
240, Wright Road, Birmingham has 2 entries in the Land Registry database, most recently in June 2006 and a single entry in the EPC database dated December 2021.
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 240 Wright Road Birmingham as £145,225 and the rental value as £789 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 240 Wright Road Birmingham has increased by £7,100 (4.9%) and its rental value has increased by £33 per month (4.2%).
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 240, Wright Road, Birmingham is in very good condition we estimate a sale value of £152,486 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,059 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £145,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £714 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, 240, Wright Road, Birmingham sits on a plot of 133m2.
We have plot size data on 29 out of 37 other houses in the postcode and 240, Wright Road, Birmingham sits on the 4th largest plot.
According to HM Land Registry, 240, Wright Road, Birmingham was last sold on 16 Jun 2006 for £97,500 and was recorded as a freehold 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 240, Wright Road, Birmingham within a radius of 470 metres over the last 2 years.
The most recent example is 6, Nigel Road, Birmingham, B8 1PA, a Freehold house which sold for £164,000 in May 2024.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wright Road, Birmingham, B8 has a total of 243 addresses. According to our analysis of all the public data, 240, Wright Road, Birmingham is the 195th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in B8.
240, Wright Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2021.
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 240, Wright Road, Birmingham is Adderley Park station which is 1.3 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 240, Wright Road, Birmingham, 57.9% of property is socially rented and 20.6% 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 240, Wright Road, Birmingham, 26.6% of residents are recorded as possessing school level qualifications and 15.5% 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 240, Wright Road, Birmingham, the average age was 30.4 and the most common age was 17.
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 240, Wright 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 240, Wright 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.