According to the public record, 386, Lichfield Road, Sutton Coldfield is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,237 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lichfield Road, Sutton Coldfield, B74 is located in the borough of Birmingham within the B74 postal district.
386, Lichfield Road, Sutton Coldfield has a single entry in the Land Registry database from April 2007 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 386 Lichfield Road Sutton Coldfield as £462,584 and the rental value as £1,993 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 386 Lichfield Road Sutton Coldfield has increased by £6,434 (1.4%) and its rental value has increased by £41 per month (2.1%).
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 386, Lichfield Road, Sutton Coldfield is in very good condition we estimate a sale value of £485,713 and rental value of £2,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,203 and a rental value of £1,854 per month.
If you were able to purchase this property for the estimated value of £462,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,273 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, 386, Lichfield Road, Sutton Coldfield was last sold on 27 Apr 2007 for £287,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 58.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 386, Lichfield Road, Sutton Coldfield within a radius of 407m over the last 2 years.
The most recent example is 15, Beaton Road, Sutton Coldfield, B74 4RU, a Freehold house which sold for £355,000 in Nov 2023.
Read more about house prices in B74.
Lichfield Road, Sutton Coldfield, B74 has a total of 828 addresses. According to our analysis of all the public data, 386, Lichfield Road, Sutton Coldfield is the 256th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in B74.
The closest station to 386, Lichfield Road, Sutton Coldfield is Butlers Lane station which is 400 m 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 386, Lichfield Road, Sutton Coldfield, 38.2% of property is privately owned outright and 25.0% 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 386, Lichfield Road, Sutton Coldfield, 13.0% of residents are recorded as possessing school level qualifications and 36.7% 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 386, Lichfield Road, Sutton Coldfield, the average age was 45.4 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 386, Lichfield Road, Sutton Coldfield, 1.7% 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 386, Lichfield Road, Sutton Coldfield, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.