According to the public record, 3, Prospect Road, Birmingham is a period freehold house with 1,442 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Prospect Road, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
3, Prospect Road, Birmingham has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated October 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 Prospect Road Birmingham as £540,841 and the rental value as £1,549 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 3 Prospect Road Birmingham has increased by £12,275 (2.3%) and its rental value has increased by £18 per month (1.2%).
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, Prospect Road, Birmingham is in very good condition we estimate a sale value of £567,883 and rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,982 and a rental value of £1,441 per month.
If you were able to purchase this property for the estimated value of £540,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,658 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, 3, Prospect Road, Birmingham sits on a plot of 210m2.
We have plot size data on 19 out of 30 other houses in the postcode and 3, Prospect Road, Birmingham sits on the 24th largest plot.
According to HM Land Registry, 3, Prospect Road, Birmingham was last sold on 10 Jun 2016 for £397,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Prospect Road, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 11, Blenheim Road, Birmingham, B13 9TY, a Freehold house which sold for £520,000 in Nov 2023.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Birmingham, B13 has a total of 107 addresses. According to our analysis of all the public data, 3, Prospect Road, Birmingham is the 46th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in B13.
3, Prospect Road, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Oct 2015.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 3, Prospect Road, Birmingham is Hall Green station which is 2.8 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, Prospect Road, Birmingham, 32.2% of property is privately rented and 25.4% 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 3, Prospect Road, Birmingham, 28.1% of residents are recorded as possessing school level qualifications and 52.7% 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, Prospect Road, 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 3, Prospect Road, Birmingham, 4.0% 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 3, Prospect Road, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.