According to the public record, 3, Harbourne Bell Tower 41A, Birmingham is a period leasehold apartment with 1,506 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Harbourne Bell Tower, War Lane, Birmingham, B17.
War Lane, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
3, Harbourne Bell Tower 41A, Birmingham has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated December 2023.
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 3 Harbourne Bell Tower 41A Birmingham as £398,786 and the rental value as £1,651 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Harbourne Bell Tower 41A Birmingham has increased by £20,072 (5.0%) and its rental value has increased by £38 per month (2.3%).
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 3, Harbourne Bell Tower 41A, Birmingham is in very good condition we estimate a sale value of £418,726 and rental value of £1,734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,871 and a rental value of £1,536 per month.
If you were able to purchase this property for the estimated value of £398,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,960 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, 3, Harbourne Bell Tower 41A, Birmingham was last sold on 01 Mar 2021 for £345,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Harbourne Bell Tower 41A, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is 7, Harbourne Bell Tower 41A, War Lane, Birmingham, B17 9RJ, a Leasehold flat which sold for £465,000 in Sep 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
War Lane, Birmingham, B17 has a total of 119 addresses. According to our analysis of all the public data, 3, Harbourne Bell Tower 41A, Birmingham is the 3rd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in B17.
3, Harbourne Bell Tower 41A, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2023.
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 3, Harbourne Bell Tower 41A, Birmingham is University (Birmingham) station which is 1.8 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 3, Harbourne Bell Tower 41A, Birmingham, 35.2% of property is privately owned with a mortgage and 31.2% 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 3, Harbourne Bell Tower 41A, Birmingham, 26.0% of residents are recorded as possessing school level qualifications and 53.9% 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 3, Harbourne Bell Tower 41A, Birmingham, the average age was 38.5 and the most common age was 32.
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 3, Harbourne Bell Tower 41A, Birmingham, 2.3% 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 3, Harbourne Bell Tower 41A, 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.