According to the public record, 29, Grayfield Avenue, Birmingham is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Grayfield Avenue, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
29, Grayfield Avenue, Birmingham has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated May 2019.
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 29 Grayfield Avenue Birmingham as £176,363 and the rental value as £1,044 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 29 Grayfield Avenue Birmingham has increased by £6,937 (3.9%) and its rental value has increased by £29 per month (2.8%).
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 29, Grayfield Avenue, Birmingham is in very good condition we estimate a sale value of £185,181 and rental value of £1,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,018 and a rental value of £971 per month.
If you were able to purchase this property for the estimated value of £176,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £867 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, 29, Grayfield Avenue, Birmingham was last sold on 16 Mar 2018 for £142,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 21.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Grayfield Avenue, Birmingham within a radius of 410 metres over the last 2 years.
The most recent example is Flat 4, Forest Court 18, Forest Road, Birmingham, B13 9DL, a Leasehold flat which sold for £186,750 in Feb 2023.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grayfield Avenue, Birmingham, B13 has a total of 22 addresses. According to our analysis of all the public data, 29, Grayfield Avenue, Birmingham is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in B13.
29, Grayfield Avenue, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 29, Grayfield Avenue, Birmingham is Small Heath station which is 2.3 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 29, Grayfield Avenue, Birmingham, 69.7% of property is privately rented and 11.7% is socially 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 29, Grayfield Avenue, Birmingham, 18.1% of residents are recorded as possessing school level qualifications and 52.9% 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 29, Grayfield Avenue, Birmingham, the average age was 39.9 and the most common age was 27.
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 29, Grayfield Avenue, 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 29, Grayfield Avenue, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.