According to the public record, 3, Redditch Road, Birmingham is a modern house with 678 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redditch Road, Kings Norton, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
3, Redditch Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated July 2017.
We combine this information with public data 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 Redditch Road Birmingham as £217,794 and the rental value as £1,126 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 3 Redditch Road Birmingham has increased by £10,490 (4.8%) and its rental value has increased by £36 per month (3.2%).
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, Redditch Road, Birmingham is in very good condition we estimate a sale value of £228,684 and rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,549 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £217,794, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,070 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Redditch Road, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 39, Masshouse Lane, Birmingham, B38 9AS, a Freehold house which sold for £233,000 in Nov 2022.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redditch Road, Kings Norton, Birmingham, B38 has a total of 536 addresses. According to our analysis of all the public data, 3, Redditch Road, Birmingham is the 372nd largest and the 255th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in B38.
3, Redditch Road, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jul 2017.
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 3, Redditch Road, Birmingham is Kings Norton station which is 900 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, Redditch Road, Birmingham, 35.2% of property is privately owned outright and 26.4% 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, Redditch Road, Birmingham, 21.3% of residents are recorded as possessing school level qualifications and 34.3% 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, Redditch Road, Birmingham, the average age was 37.6 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, Redditch Road, Birmingham, 0.7% 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, Redditch Road, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.