According to the public record, 42, Broad Road, Birmingham is a period freehold house with 1,539 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Broad Road, Birmingham, B27 is located in the borough of Birmingham within the B27 postal district.
42, Broad Road, Birmingham has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated June 2022.
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 42 Broad Road Birmingham as £295,332 and the rental value as £1,166 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 42 Broad Road Birmingham has increased by £8,792 (3.0%) and its rental value has increased by £13 per month (1.1%).
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 42, Broad Road, Birmingham is in very good condition we estimate a sale value of £310,099 and rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,659 and a rental value of £1,084 per month.
If you were able to purchase this property for the estimated value of £295,332, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,451 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, 42, Broad Road, Birmingham sits on a plot of 198m2.
We have plot size data on 2 out of 4 other houses in the postcode and 42, Broad Road, Birmingham sits on the largest plot.
According to HM Land Registry, 42, Broad Road, Birmingham was last sold on 01 Apr 2022 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Broad Road, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 21, Broad Road, Birmingham, B27 7UX, a Freehold house which sold for £341,500 in Nov 2022.
Read more about house prices in B27.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Road, Birmingham, B27 has a total of 88 addresses. According to our analysis of all the public data, 42, Broad Road, Birmingham is the 15th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in B27.
42, Broad Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2022.
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 42, Broad Road, Birmingham is Acocks Green station which is 700 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 42, Broad Road, Birmingham, 39.3% of property is privately owned outright and 31.1% 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 42, Broad Road, Birmingham, 26.3% of residents are recorded as possessing school level qualifications and 25.0% 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 42, Broad Road, Birmingham, the average age was 33.2 and the most common age was 7.
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 42, Broad 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 42, Broad 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.