According to the public record, 5, Alpha Close, Birmingham is a modern leasehold apartment with 247 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Alpha Close, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
5, Alpha Close, Birmingham has 21 entries in the Land Registry database, most recently in April 2008 and a single entry in the EPC database dated August 2020.
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 5 Alpha Close Birmingham as £49,671 and the rental value as £285 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 Alpha Close Birmingham has increased by £1,583 (3.2%) and its rental value has increased by £6 per month (2.1%).
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 5, Alpha Close, Birmingham is in very good condition we estimate a sale value of £52,154 and rental value of £299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £46,194 and a rental value of £265 per month.
If you were able to purchase this property for the estimated value of £49,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £244 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 HM Land Registry, 5, Alpha Close, Birmingham was last sold on 28 Apr 2008 for £50,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2008, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Alpha Close, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 7, Alpha Close, Birmingham, B12 9HF, a Leasehold flat which sold for £50,000 in Apr 2008.
Read more about house prices in B12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alpha Close, Birmingham, B12 has a total of 47 addresses. According to our analysis of all the public data, 5, Alpha Close, Birmingham is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in B12.
5, Alpha Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 5, Alpha Close, Birmingham is Bordesley station which is 1.6 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 5, Alpha Close, Birmingham, 37.3% of property is privately rented and 22.7% is socially rented.
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 5, Alpha Close, Birmingham, 31.9% of residents are recorded as possessing school level qualifications and 21.7% 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 5, Alpha Close, Birmingham, the average age was 33.5 and the most common age was 22.
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 5, Alpha Close, 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 5, Alpha Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.