According to the public record, 5, First Avenue, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,082 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
First Avenue, Selly Park, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
5, First Avenue, Birmingham has 31 entries in the Land Registry database, most recently in February 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 First Avenue Birmingham as £341,596 and the rental value as £1,268 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 First Avenue Birmingham has increased by £11,042 (3.2%) and its rental value has increased by £9 per month (0.7%).
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, First Avenue, Birmingham is in very good condition we estimate a sale value of £358,676 and rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,684 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £341,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,679 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, First Avenue, Birmingham was last sold on 05 Feb 2014 for £236,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2014, the market for similar properties has risen 58.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, First Avenue, Birmingham within a radius of 700 metres over the last 2 years.
The most recent example is 24, First Avenue, Birmingham, B29 7NS, a Freehold house which sold for £265,000 in Dec 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
First Avenue, Selly Park, Birmingham, B29 has a total of 46 addresses. According to our analysis of all the public data, 5, First Avenue, Birmingham is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in B29.
The closest station to 5, First Avenue, Birmingham is Selly Oak 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, First Avenue, Birmingham, 43.0% of property is privately owned with a mortgage and 30.8% is privately 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, First Avenue, Birmingham, 36.2% of residents are recorded as possessing school level qualifications and 65.9% 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, First Avenue, Birmingham, the average age was 31.9 and the most common age was 17.
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, First Avenue, Birmingham, 1.0% 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, First Avenue, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.