According to the public record, 40, Dowar Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 701 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Dowar Road, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
40, Dowar Road, Birmingham has a single entry in the Land Registry database from July 2008 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 40 Dowar Road Birmingham as £219,302 and the rental value as £1,128 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 40 Dowar Road Birmingham has increased by £11,024 (5.0%) and its rental value has increased by £39 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 40, Dowar Road, Birmingham is in very good condition we estimate a sale value of £230,267 and rental value of £1,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,951 and a rental value of £1,049 per month.
If you were able to purchase this property for the estimated value of £219,302, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,078 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, 40, Dowar Road, Birmingham was last sold on 25 Jul 2008 for £102,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2008, the market for similar properties has risen 90.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Dowar Road, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 57, Dowar Road, Birmingham, B45 8RB, a Freehold house which sold for £210,000 in Dec 2023.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dowar Road, Rednal, Birmingham, B45 has a total of 101 addresses. According to our analysis of all the public data, 40, Dowar Road, Birmingham is the 93rd largest and the 80th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in B45.
The closest station to 40, Dowar Road, Birmingham is Longbridge station which is 1.3 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 40, Dowar Road, Birmingham, 51.0% of property is privately owned with a mortgage and 27.1% 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 40, Dowar Road, Birmingham, 17.4% of residents are recorded as possessing school level qualifications and 26.9% 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 40, Dowar Road, Birmingham, the average age was 38.1 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 40, Dowar Road, Birmingham, 0.5% 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 40, Dowar Road, 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.