According to the public record, 49, Ridgemount Drive, Birmingham is a modern freehold house with 839 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ridgemount Drive, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
49, Ridgemount Drive, Birmingham has a single entry in the Land Registry database from August 2006 and a single entry in the EPC database dated October 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 49 Ridgemount Drive Birmingham as £164,191 and the rental value as £922 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 49 Ridgemount Drive Birmingham has increased by £10,543 (6.4%) and its rental value has increased by £45 per month (4.9%).
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 49, Ridgemount Drive, Birmingham is in very good condition we estimate a sale value of £172,400 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,697 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £164,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £807 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, 49, Ridgemount Drive, Birmingham sits on a plot of 149m2.
We have plot size data on 3 out of 7 other houses in the postcode and 49, Ridgemount Drive, Birmingham sits on the largest plot.
According to HM Land Registry, 49, Ridgemount Drive, Birmingham was last sold on 04 Aug 2006 for £108,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Ridgemount Drive, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 518, Shannon Road, Birmingham, B38 9TZ, a Freehold house which sold for £158,000 in Sep 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgemount Drive, Birmingham, B38 has a total of 13 addresses. According to our analysis of all the public data, 49, Ridgemount Drive, Birmingham is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in B38.
49, Ridgemount Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 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 49, Ridgemount Drive, Birmingham is Northfield 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 49, Ridgemount Drive, Birmingham, 55.6% of property is socially rented and 18.2% 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 49, Ridgemount Drive, Birmingham, 17.3% of residents are recorded as possessing school level qualifications and 14.1% 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 49, Ridgemount Drive, Birmingham, the average age was 36.9 and the most common age was 12.
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 49, Ridgemount Drive, 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 49, Ridgemount Drive, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.