According to the public record, 43, Springfield Road, Birmingham is a early-century freehold house with 1,173 ft2 of internal area and sits on a 420 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Springfield Road, Castle Bromwich, Birmingham, B36 is located in the borough of Solihull within the B36 postal district.
43, Springfield Road, Birmingham has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated August 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 43 Springfield Road Birmingham as £353,793 and the rental value as £1,326 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 43 Springfield Road Birmingham has increased by £7,764 (2.2%) and its rental value has increased by £51 per month (3.8%).
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 43, Springfield Road, Birmingham is in very good condition we estimate a sale value of £371,482 and rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,027 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £353,793, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,739 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, 43, Springfield Road, Birmingham sits on a plot of 420m2.
We have plot size data on 22 out of 35 other houses in the postcode and 43, Springfield Road, Birmingham sits on the 4th largest plot.
According to HM Land Registry, 43, Springfield Road, Birmingham was last sold on 12 Dec 2022 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Springfield Road, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is 8, Springfield Road, Birmingham, B36 0DT, a Leasehold house which sold for £380,000 in Jul 2022.
Read more about house prices in B36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Castle Bromwich, Birmingham, B36 has a total of 139 addresses. According to our analysis of all the public data, 43, Springfield Road, Birmingham is the 14th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in B36.
43, Springfield Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 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 43, Springfield Road, Birmingham is Water Orton station which is 2.3 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 43, Springfield Road, Birmingham, 44.6% of property is privately owned outright and 43.1% 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 43, Springfield Road, Birmingham, 19.3% of residents are recorded as possessing school level qualifications and 27.3% 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 43, Springfield Road, Birmingham, the average age was 44.3 and the most common age was 57.
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 43, Springfield Road, Birmingham, 0.6% 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 43, Springfield 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.