According to the public record, 493, Lichfield Road, Sutton Coldfield is a mid-century freehold house and with 1,097 ft2 of internal area and sits on a 476 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lichfield Road, Sutton Coldfield, B74 is located in the borough of Birmingham within the B74 postal district.
493, Lichfield Road, Sutton Coldfield has a single entry in the Land Registry database from June 2018 and no records in the EPC database.
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 493 Lichfield Road Sutton Coldfield as £451,047 and the rental value as £1,942 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 493 Lichfield Road Sutton Coldfield has increased by £16,825 (3.7%) and its rental value has increased by £88 per month (4.5%).
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 493, Lichfield Road, Sutton Coldfield is in very good condition we estimate a sale value of £473,600 and rental value of £2,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,474 and a rental value of £1,806 per month.
If you were able to purchase this property for the estimated value of £451,047, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,217 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, 493, Lichfield Road, Sutton Coldfield sits on a plot of 476m2.
We have plot size data on 10 out of 12 other houses in the postcode and 493, Lichfield Road, Sutton Coldfield sits on the 5th largest plot.
According to HM Land Registry, 493, Lichfield Road, Sutton Coldfield was last sold on 08 Jun 2018 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 493, Lichfield Road, Sutton Coldfield within a radius of 189m over the last 2 years.
The most recent example is 213, Hill Village Road, Sutton Coldfield, B75 5JW, a Leasehold house which sold for £500,000 in Apr 2023.
Read more about house prices in B74.
Lichfield Road, Sutton Coldfield, B74 has a total of 828 addresses. According to our analysis of all the public data, 493, Lichfield Road, Sutton Coldfield is the 319th largest and the 266th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in B74.
493, Lichfield Road, Sutton Coldfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 493, Lichfield Road, Sutton Coldfield is Butlers Lane station which is 500 m 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 493, Lichfield Road, Sutton Coldfield, 38.7% of property is privately owned outright and 37.9% 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 493, Lichfield Road, Sutton Coldfield, 25.7% of residents are recorded as possessing school level qualifications and 39.8% 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 493, Lichfield Road, Sutton Coldfield, the average age was 43.6 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 493, Lichfield Road, Sutton Coldfield, 1.3% 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 493, Lichfield Road, Sutton Coldfield, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.