According to the public record, 27, Overbury Close, Birmingham is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Overbury Close, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
27, Overbury Close, Birmingham has 2 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated December 2013.
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 27 Overbury Close Birmingham as £109,095 and the rental value as £750 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 27 Overbury Close Birmingham has increased by £4,727 (4.3%) and its rental value has increased by £22 per month (2.9%).
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 27, Overbury Close, Birmingham is in very good condition we estimate a sale value of £114,550 and rental value of £787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,459 and a rental value of £697 per month.
If you were able to purchase this property for the estimated value of £109,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £536 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, 27, Overbury Close, Birmingham was last sold on 13 May 2015 for £71,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 49.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Overbury Close, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 65, Overbury Close, Birmingham, B31 2HD, a Leasehold flat which sold for £110,000 in Apr 2021.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Overbury Close, Birmingham, B31 has a total of 71 addresses. According to our analysis of all the public data, 27, Overbury Close, Birmingham is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in B31.
27, Overbury Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2013.
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 27, Overbury Close, Birmingham is Northfield 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 27, Overbury Close, Birmingham, 39.8% of property is privately owned outright and 31.0% is privately owned with a mortgage.
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 27, Overbury Close, Birmingham, 17.4% of residents are recorded as possessing school level qualifications and 39.2% 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 27, Overbury Close, Birmingham, the average age was 40.2 and the most common age was 37.
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 27, Overbury Close, Birmingham, 1.8% 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 27, Overbury Close, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.