As updated by Edwards & Gray in Sep 2023, 255, Bromford Road, Birmingham is a freehold house with 1,790 ft2 of internal area and sits on a 424 m2 plot comprising 4 bedrooms with a garden.
Bromford Road, Birmingham, B36 is located in the borough of Birmingham within the B36 postal district.
Based on both the data supplied by Edwards & Gray and the public information available in the area, we estimate the current sale value for 255 Bromford Road Birmingham as £472,454 and the rental value as £1,232 per month giving an expected gross yield of 3.1%.
Edwards & Gray described the decorative condition as fair in Sep 2023.
Over the last 12 months the sale value of 255 Bromford Road Birmingham has increased by £11,280 (2.4%) and its rental value has increased by £42 per month (3.4%).
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 255, Bromford Road, Birmingham is in very good condition we estimate a sale value of £496,077 and rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,382 and a rental value of £1,145 per month.
If you were able to purchase this property for the estimated value of £472,454, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,322 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, 255, Bromford Road, Birmingham sits on a plot of 424m2.
We have plot size data on 24 out of 32 other houses in the postcode and 255, Bromford Road, Birmingham sits on the 20th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 255, Bromford Road, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is 80, Madison Avenue, Birmingham, B36 8EQ, a Freehold house which sold for £310,000 in Aug 2019.
Read more about house prices in B36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromford Road, Birmingham, B36 has a total of 268 addresses. According to our analysis of all the public data, 255, Bromford Road, Birmingham is the 32nd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in B36.
255, Bromford Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2023.
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 255, Bromford Road, Birmingham is Stechford station which is 1.7 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 255, Bromford Road, Birmingham, 46.2% of property is privately owned with a mortgage and 41.4% 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 255, Bromford Road, Birmingham, 34.7% of residents are recorded as possessing school level qualifications and 26.7% 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 255, Bromford Road, Birmingham, the average age was 33.2 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 255, Bromford Road, Birmingham, 0.2% 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 255, Bromford Road, Birmingham, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.