According to the public record, 25, Heathlands Grove, Birmingham is a mid-century leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area are normally studios.
Heathlands Grove, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
25, Heathlands Grove, Birmingham has 51 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated June 2014.
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 25 Heathlands Grove Birmingham as £77,543 and the rental value as £547 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 25 Heathlands Grove Birmingham has increased by £2,827 (3.6%) and its rental value has increased by £15 per month (2.7%).
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 25, Heathlands Grove, Birmingham is in very good condition we estimate a sale value of £81,421 and rental value of £574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,115 and a rental value of £509 per month.
If you were able to purchase this property for the estimated value of £77,543, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £381 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, 25, Heathlands Grove, Birmingham was last sold on 28 Apr 2021 for £78,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2021, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 510 metres radius of 25, Heathlands Grove, Birmingham over the last 2 years.
The most recent example is 9, Heathlands Grove, Birmingham, B31 4BA, a Leasehold flat which sold for £75,000 in Mar 2022.
Read more about house prices in B31.
Heathlands Grove, Northfield, Birmingham, B31 has a total of 61 addresses. According to our analysis of all the public data, 25, Heathlands Grove, Birmingham is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in B31.
25, Heathlands Grove, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 25, Heathlands Grove, Birmingham is Northfield station which is 600 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 25, Heathlands Grove, Birmingham, 48.5% of property is socially rented and 21.5% 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 25, Heathlands Grove, Birmingham, 23.0% 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 25, Heathlands Grove, 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 25, Heathlands Grove, 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 25, Heathlands Grove, 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.