According to the public record, 408, Redditch Road, Birmingham is a early-century leasehold house with 828 ft2 of internal area and sits on a 409 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redditch Road, Kings Norton, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
408, Redditch Road, Birmingham has 31 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated March 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 408 Redditch Road Birmingham as £176,394 and the rental value as £852 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 408 Redditch Road Birmingham has increased by £7,722 (4.4%) and its rental value has increased by £24 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 408, Redditch Road, Birmingham is in very good condition we estimate a sale value of £185,214 and rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,047 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £176,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £867 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, 408, Redditch Road, Birmingham sits on a plot of 409m2.
We have plot size data on 20 out of 36 other houses in the postcode and 408, Redditch Road, Birmingham sits on the 9th largest plot.
According to HM Land Registry, 408, Redditch Road, Birmingham was last sold on 01 Jul 2021 for £225,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jul 2021, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 408, Redditch Road, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 419, Redditch Road, Birmingham, B38 8ND, a Freehold house which sold for £180,000 in Nov 2021.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redditch Road, Kings Norton, Birmingham, B38 has a total of 536 addresses. According to our analysis of all the public data, 408, Redditch Road, Birmingham is the 264th largest and the 302nd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in B38.
408, Redditch Road, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Mar 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 408, Redditch Road, Birmingham is Northfield station which is 1.7 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 408, Redditch Road, Birmingham, 50.4% of property is privately owned with a mortgage and 39.3% 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 408, Redditch Road, Birmingham, 19.2% of residents are recorded as possessing school level qualifications and 29.9% 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 408, Redditch Road, Birmingham, the average age was 42.6 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 408, Redditch 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 408, Redditch Road, Birmingham, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.