According to the public record, 47, Derry Close, Birmingham is a mid-century leasehold house with 871 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Derry Close, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
47, Derry Close, Birmingham has 41 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated August 2014.
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 47 Derry Close Birmingham as £278,185 and the rental value as £1,570 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 47 Derry Close Birmingham has increased by £19,357 (7.0%) and its rental value has increased by £64 per month (4.1%).
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 47, Derry Close, Birmingham is in very good condition we estimate a sale value of £292,094 and rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,712 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £278,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,367 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, 47, Derry Close, Birmingham sits on a plot of 165m2.
We have plot size data on 25 out of 30 other houses in the postcode and 47, Derry Close, Birmingham sits on the 19th largest plot.
According to HM Land Registry, 47, Derry Close, Birmingham was last sold on 11 Feb 2022 for £235,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Derry Close, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is 19, Derry Close, Birmingham, B17 0TR, a Freehold house which sold for £275,000 in Jun 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derry Close, Birmingham, B17 has a total of 30 addresses. According to our analysis of all the public data, 47, Derry Close, Birmingham is the 26th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in B17.
47, Derry Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2014.
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 47, Derry Close, Birmingham is University (Birmingham) station which is 2.1 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 47, Derry Close, Birmingham, 28.8% of property is privately owned outright and 25.2% 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 47, Derry Close, Birmingham, 27.8% of residents are recorded as possessing school level qualifications and 29.6% 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 47, Derry Close, Birmingham, the average age was 37.5 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 47, Derry Close, Birmingham, 0.3% 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 47, Derry Close, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.