According to the public record, 40, Redwood Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 982 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Redwood Road, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
40, Redwood Road, Birmingham has 31 entries in the Land Registry database, most recently in June 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 Redwood Road Birmingham as £285,952 and the rental value as £1,374 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 40 Redwood Road Birmingham has increased by £14,935 (5.2%) and its rental value has increased by £39 per month (2.8%).
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 40, Redwood Road, Birmingham is in very good condition we estimate a sale value of £300,249 and rental value of £1,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,935 and a rental value of £1,278 per month.
If you were able to purchase this property for the estimated value of £285,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,405 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, Redwood Road, Birmingham was last sold on 12 Jun 2008 for £165,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2008, the market for similar properties has risen 97.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Redwood Road, Birmingham within a radius of 650 metres over the last 2 years.
The most recent example is 58, Redwood Road, Birmingham, B30 1AD, a Freehold house which sold for £240,000 in Jan 2023.
Read more about house prices in B30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Road, Birmingham, B30 has a total of 78 addresses. According to our analysis of all the public data, 40, Redwood Road, Birmingham is the 34th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in B30.
The closest station to 40, Redwood Road, Birmingham is Kings Norton station which is 300 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, Redwood Road, Birmingham, 50.0% of property is privately rented and 25.7% 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, Redwood Road, Birmingham, 13.2% of residents are recorded as possessing school level qualifications and 39.1% 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, Redwood Road, Birmingham, the average age was 40.2 and the most common age was 37.
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, Redwood Road, Birmingham, 1.0% 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, Redwood Road, 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.