According to the public record, 40, Ilsham Grove, Birmingham is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ilsham Grove, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
40, Ilsham Grove, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated May 2015.
We combine this information with public data 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 40 Ilsham Grove Birmingham as £83,495 and the rental value as £595 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 40 Ilsham Grove Birmingham has increased by £3,592 (4.3%) and its rental value has increased by £19 per month (3.2%).
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, Ilsham Grove, Birmingham is in very good condition we estimate a sale value of £87,670 and rental value of £624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,650 and a rental value of £553 per month.
If you were able to purchase this property for the estimated value of £83,495, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £410 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Ilsham Grove, Birmingham within a radius of 660 metres over the last 2 years.
The most recent example is 28, Lannacombe Road, Birmingham, B31 4NU, a Leasehold flat which sold for £80,000 in Oct 2019.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ilsham Grove, Birmingham, B31 has a total of 59 addresses. According to our analysis of all the public data, 40, Ilsham Grove, Birmingham is the 59th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in B31.
40, Ilsham Grove, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2015.
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 40, Ilsham Grove, Birmingham is Longbridge station which is 800 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 40, Ilsham Grove, Birmingham, 41.0% of property is socially rented and 21.2% 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 40, Ilsham Grove, Birmingham, 25.4% of residents are recorded as possessing school level qualifications and 25.3% 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 40, Ilsham Grove, Birmingham, the average age was 40.4 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, Ilsham Grove, 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 40, Ilsham Grove, Birmingham, 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.