According to the public record, 3, The Cedars, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 565 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Cedars, Birmingham, B25 is located in the borough of Birmingham within the B25 postal district.
3, The Cedars, Birmingham has 31 entries in the Land Registry database, most recently in August 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 The Cedars Birmingham as £124,877 and the rental value as £817 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 3 The Cedars Birmingham has increased by £2,934 (2.3%) and its rental value has increased by £28 per month (3.4%).
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, The Cedars, Birmingham is in very good condition we estimate a sale value of £131,121 and rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,136 and a rental value of £759 per month.
If you were able to purchase this property for the estimated value of £124,877, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £614 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, The Cedars, Birmingham was last sold on 31 Aug 2006 for £108,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Cedars, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 48, Gayhurst Drive, Birmingham, B25 8YN, a Leasehold flat which sold for £123,350 in May 2023.
Read more about house prices in B25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cedars, Birmingham, B25 has a total of 30 addresses. According to our analysis of all the public data, 3, The Cedars, Birmingham is the 16th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in B25.
3, The Cedars, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2014.
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 3, The Cedars, Birmingham is Stechford station which is 1.5 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, The Cedars, Birmingham, 29.8% of property is privately owned outright and 27.4% 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, The Cedars, Birmingham, 23.2% of residents are recorded as possessing school level qualifications and 29.8% 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, The Cedars, Birmingham, the average age was 38.2 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, The Cedars, 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 3, The Cedars, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.