According to the public record, 31, Balaams Wood Drive, Birmingham is a modern freehold house with 1,582 ft2 of internal area and sits on a 553 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Balaams Wood Drive, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
31, Balaams Wood Drive, Birmingham has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated May 2021.
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 31 Balaams Wood Drive Birmingham as £484,790 and the rental value as £1,412 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 31 Balaams Wood Drive Birmingham has increased by £10,700 (2.2%) and its rental value has increased by £13 per month (0.9%).
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 31, Balaams Wood Drive, Birmingham is in very good condition we estimate a sale value of £509,029 and rental value of £1,482 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,854 and a rental value of £1,313 per month.
If you were able to purchase this property for the estimated value of £484,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,383 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, 31, Balaams Wood Drive, Birmingham sits on a plot of 553m2.
We have plot size data on 14 out of 27 other houses in the postcode and 31, Balaams Wood Drive, Birmingham sits on the largest plot.
According to HM Land Registry, 31, Balaams Wood Drive, Birmingham was last sold on 24 Jun 2021 for £446,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Balaams Wood Drive, Birmingham within a radius of 670 metres over the last 2 years.
The most recent example is 8, Conolly Drive, Birmingham, B45 9WB, a Freehold house which sold for £435,000 in Jun 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balaams Wood Drive, Northfield, Birmingham, B31 has a total of 27 addresses. According to our analysis of all the public data, 31, Balaams Wood Drive, Birmingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £256k more expensive than the average property in B31.
31, Balaams Wood Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2021.
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 31, Balaams Wood Drive, Birmingham is Longbridge station which is 1.6 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 31, Balaams Wood Drive, Birmingham, 50.4% of property is privately owned with a mortgage and 29.6% 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 31, Balaams Wood Drive, Birmingham, 28.3% of residents are recorded as possessing school level qualifications and 38.8% 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 31, Balaams Wood Drive, Birmingham, the average age was 38.8 and the most common age was 52.
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 31, Balaams Wood Drive, 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 31, Balaams Wood Drive, Birmingham, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.