According to the public record, 3, Monkswell Close, Birmingham is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Monkswell Close, Birmingham, B10 is located in the borough of Birmingham within the B10 postal district.
3, Monkswell Close, Birmingham has 31 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated September 2015.
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 Monkswell Close Birmingham as £104,086 and the rental value as £510 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Monkswell Close Birmingham has increased by £4,546 (4.4%) and its rental value has increased by £15 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 3, Monkswell Close, Birmingham is in very good condition we estimate a sale value of £109,290 and rental value of £536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,800 and a rental value of £475 per month.
If you were able to purchase this property for the estimated value of £104,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £512 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, Monkswell Close, Birmingham was last sold on 28 Apr 2017 for £74,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Monkswell Close, Birmingham within a radius of 590 metres over the last 2 years.
The most recent example is 72, Cooksey Road, Birmingham, B10 0BS, a Leasehold flat which sold for £69,950 in May 2019.
Read more about house prices in B10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkswell Close, Birmingham, B10 has a total of 11 addresses. According to our analysis of all the public data, 3, Monkswell Close, Birmingham is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in B10.
3, Monkswell Close, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 3, Monkswell Close, Birmingham is Small Heath station which is 300 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 3, Monkswell Close, Birmingham, 47.7% of property is socially rented and 22.3% is privately 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 3, Monkswell Close, Birmingham, 24.2% of residents are recorded as possessing school level qualifications and 16.9% 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, Monkswell Close, Birmingham, the average age was 32 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 3, Monkswell Close, 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 3, Monkswell Close, 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.