According to the public record, 4, Palace Road, Birmingham is a period freehold house with 882 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palace Road, Birmingham, B9 is located in the borough of Birmingham within the B9 postal district.
4, Palace Road, Birmingham has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated April 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 4 Palace Road Birmingham as £142,159 and the rental value as £785 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 4 Palace Road Birmingham has increased by £9,258 (6.5%) and its rental value has increased by £39 per month (5.0%).
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 4, Palace Road, Birmingham is in very good condition we estimate a sale value of £149,267 and rental value of £824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,208 and a rental value of £730 per month.
If you were able to purchase this property for the estimated value of £142,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, 4, Palace Road, Birmingham sits on a plot of 114m2.
We have plot size data on 25 out of 30 other houses in the postcode and 4, Palace Road, Birmingham sits on the 16th largest plot.
According to HM Land Registry, 4, Palace Road, Birmingham was last sold on 29 Sep 2010 for £72,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 85.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Palace Road, Birmingham within a radius of 420 metres over the last 2 years.
The most recent example is 363, Charles Road, Birmingham, B9 5HH, a Freehold house which sold for £102,500 in Apr 2024.
Read more about house prices in B9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Road, Birmingham, B9 has a total of 138 addresses. According to our analysis of all the public data, 4, Palace Road, Birmingham is the 76th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in B9.
4, Palace Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 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 4, Palace Road, Birmingham is Adderley Park station which is 900 metres 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 4, Palace Road, Birmingham, 33.0% of property is privately owned outright and 26.2% is privately rented.
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 4, Palace Road, Birmingham, 36.1% of residents are recorded as possessing school level qualifications and 16.3% 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 4, Palace Road, Birmingham, the average age was 30.5 and the most common age was 17.
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 4, Palace 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 4, Palace Road, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.