According to the public record, 34, Varlins Way, Birmingham is a mid-century leasehold house with 1,356 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Varlins Way, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
34, Varlins Way, Birmingham has a single entry in the Land Registry database from May 2013 and a single entry in the EPC database dated May 2012.
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 34 Varlins Way Birmingham as £397,689 and the rental value as £1,319 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 34 Varlins Way Birmingham has increased by £20,175 (5.1%) and its rental value has increased by £46 per month (3.5%).
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 34, Varlins Way, Birmingham is in very good condition we estimate a sale value of £417,573 and rental value of £1,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,851 and a rental value of £1,227 per month.
If you were able to purchase this property for the estimated value of £397,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,955 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, 34, Varlins Way, Birmingham sits on a plot of 423m2.
We have plot size data on 38 out of 48 other houses in the postcode and 34, Varlins Way, Birmingham sits on the 5th largest plot.
According to HM Land Registry, 34, Varlins Way, Birmingham was last sold on 03 May 2013 for £220,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 87.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Varlins Way, Birmingham within a radius of 790 metres over the last 2 years.
The most recent example is 39, Varlins Way, Birmingham, B38 9UX, a Freehold house which sold for £355,000 in Aug 2019.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Varlins Way, Birmingham, B38 has a total of 48 addresses. According to our analysis of all the public data, 34, Varlins Way, Birmingham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in B38.
34, Varlins Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2012.
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 34, Varlins Way, Birmingham is Northfield station which is 2.4 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 34, Varlins Way, Birmingham, 34.3% of property is privately owned with a mortgage and 33.3% 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 34, Varlins Way, Birmingham, 21.5% of residents are recorded as possessing school level qualifications and 32.6% 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 34, Varlins Way, Birmingham, the average age was 36.9 and the most common age was 12.
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 34, Varlins Way, Birmingham, 2.8% 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 34, Varlins Way, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.