According to the public record, 318, Reservoir Road, Birmingham is a early-century freehold house with 742 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reservoir Road, Selly Oak, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
318, Reservoir Road, Birmingham has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated August 2019.
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 318 Reservoir Road Birmingham as £220,255 and the rental value as £1,196 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 318 Reservoir Road Birmingham has increased by £17,510 (8.0%) and its rental value has increased by £49 per month (4.1%).
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 318, Reservoir Road, Birmingham is in very good condition we estimate a sale value of £231,268 and rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,837 and a rental value of £1,112 per month.
If you were able to purchase this property for the estimated value of £220,255, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,082 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, 318, Reservoir Road, Birmingham sits on a plot of 252m2.
We have plot size data on 15 out of 37 other houses in the postcode and 318, Reservoir Road, Birmingham sits on the 7th largest plot.
According to HM Land Registry, 318, Reservoir Road, Birmingham was last sold on 25 Aug 2023 for £205,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Reservoir Road, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 262, Reservoir Road, Birmingham, B29 6TE, a Freehold house which sold for £183,000 in May 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reservoir Road, Selly Oak, Birmingham, B29 has a total of 319 addresses. According to our analysis of all the public data, 318, Reservoir Road, Birmingham is the 158th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in B29.
318, Reservoir Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2019.
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 318, Reservoir Road, Birmingham is Selly Oak 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 318, Reservoir Road, Birmingham, 37.7% of property is privately owned outright and 22.6% 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 318, Reservoir Road, Birmingham, 18.1% of residents are recorded as possessing school level qualifications and 35.3% 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 318, Reservoir Road, Birmingham, the average age was 37.5 and the most common age was 32.
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 318, Reservoir Road, 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 318, Reservoir Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.