According to the public record, 5, Chestnut Road, Birmingham is a period apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 5, Chestnut Road, Birmingham, B13.
Chestnut Road, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
5, Chestnut Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated April 2018.
We combine this information with public data 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 Chestnut Road Birmingham as £182,683 and the rental value as £1,074 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 5 Chestnut Road Birmingham has increased by £6,280 (3.4%) and its rental value has increased by £25 per month (2.3%).
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, Chestnut Road, Birmingham is in very good condition we estimate a sale value of £191,817 and rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,895 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £182,683, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £898 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chestnut Road, Birmingham within a radius of 390 metres over the last 2 years.
The most recent example is 5A, Chestnut Road, Birmingham, B13 9AJ, a Leasehold flat which sold for £173,500 in Apr 2021.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Road, Birmingham, B13 has a total of 63 addresses. According to our analysis of all the public data, 5, Chestnut Road, Birmingham is the 48th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in B13.
5, Chestnut Road, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, Chestnut Road, Birmingham is Small Heath station which is 2.0 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, Chestnut Road, Birmingham, 31.5% of property is socially rented and 29.9% is privately owned outright.
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, Chestnut Road, Birmingham, 34.2% of residents are recorded as possessing school level qualifications and 15.4% 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, Chestnut Road, 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, Chestnut Road, Birmingham, 0.4% 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, Chestnut Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.