According to the public record, 28, Oakfield Drive, Birmingham is a early-century leasehold house with 893 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakfield Drive, Cofton Hackett, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
28, Oakfield Drive, Birmingham has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated March 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 28 Oakfield Drive Birmingham as £290,388 and the rental value as £1,048 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 28 Oakfield Drive Birmingham has increased by £10,084 (3.5%) and its rental value has increased by £22 per month (2.1%).
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 28, Oakfield Drive, Birmingham is in very good condition we estimate a sale value of £304,908 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,061 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £290,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,427 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, 28, Oakfield Drive, Birmingham sits on a plot of 328m2.
We have plot size data on 17 out of 31 other houses in the postcode and 28, Oakfield Drive, Birmingham sits on the 11th largest plot.
According to HM Land Registry, 28, Oakfield Drive, Birmingham was last sold on 24 Jun 2021 for £320,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Oakfield Drive, Birmingham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 50, Parsonage Drive, Birmingham, B45 8AR, a Freehold house which sold for £308,000 in Dec 2023.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Drive, Cofton Hackett, Birmingham, B45 has a total of 61 addresses. According to our analysis of all the public data, 28, Oakfield Drive, Birmingham is the 57th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in B45.
28, Oakfield Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 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 28, Oakfield Drive, Birmingham is Longbridge station which is 1.9 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 28, Oakfield Drive, Birmingham, 51.0% of property is privately owned outright and 42.9% 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 28, Oakfield Drive, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 39.6% 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 28, Oakfield Drive, Birmingham, the average age was 43 and the most common age was 52.
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 28, Oakfield Drive, Birmingham, 1.1% 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 28, Oakfield Drive, Birmingham, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.