According to the public record, 38, Pine Grove, Birmingham is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 379 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pine Grove, Lickey, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
38, Pine Grove, Birmingham has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated October 2022.
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 38 Pine Grove Birmingham as £421,430 and the rental value as £1,461 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 38 Pine Grove Birmingham has increased by £8,808 (2.1%) and its rental value has increased by £11 per month (0.8%).
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 38, Pine Grove, Birmingham is in very good condition we estimate a sale value of £442,501 and rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,930 and a rental value of £1,359 per month.
If you were able to purchase this property for the estimated value of £421,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,071 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, 38, Pine Grove, Birmingham sits on a plot of 379m2.
We have plot size data on 18 out of 42 other houses in the postcode and 38, Pine Grove, Birmingham sits on the 14th largest plot.
According to HM Land Registry, 38, Pine Grove, Birmingham was last sold on 16 Jun 2023 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Pine Grove, Birmingham within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 47, Pine Grove, Birmingham, B45 8HE, a Freehold house which sold for £394,950 in Jan 2021.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pine Grove, Lickey, Birmingham, B45 has a total of 42 addresses. According to our analysis of all the public data, 38, Pine Grove, Birmingham is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in B45.
38, Pine Grove, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2022.
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 38, Pine Grove, Birmingham is Barnt Green station which is 2.0 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 38, Pine Grove, Birmingham, 55.3% of property is privately owned outright and 40.9% 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 38, Pine Grove, Birmingham, 14.0% of residents are recorded as possessing school level qualifications and 49.3% 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 38, Pine Grove, Birmingham, the average age was 43 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 38, Pine Grove, Birmingham, 2.4% 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 38, Pine Grove, Birmingham, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.