According to the public record, 5, Forest Drive, Birmingham is a modern freehold house with 1,173 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Forest Drive, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
5, Forest Drive, Birmingham has 41 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated June 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 Forest Drive Birmingham as £444,043 and the rental value as £2,024 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 Forest Drive Birmingham has increased by £27,124 (6.1%) and its rental value has increased by £67 per month (3.3%).
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, Forest Drive, Birmingham is in very good condition we estimate a sale value of £466,245 and rental value of £2,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,960 and a rental value of £1,882 per month.
If you were able to purchase this property for the estimated value of £444,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,182 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, 5, Forest Drive, Birmingham sits on a plot of 165m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, Forest Drive, Birmingham sits on the 3rd largest plot.
According to HM Land Registry, 5, Forest Drive, Birmingham was last sold on 26 Aug 2020 for £409,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2020, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forest Drive, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 65, Park Hill Road, Birmingham, B17 9HH, a Freehold house which sold for £497,500 in Apr 2019.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Drive, Birmingham, B17 has a total of 27 addresses. According to our analysis of all the public data, 5, Forest Drive, Birmingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in B17.
5, Forest Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 5, Forest Drive, Birmingham is University (Birmingham) station which is 1.5 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, Forest Drive, Birmingham, 41.1% of property is socially rented and 30.4% 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, Forest Drive, Birmingham, 10.3% of residents are recorded as possessing school level qualifications and 51.9% 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, Forest Drive, Birmingham, the average age was 38.5 and the most common age was 32.
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, Forest 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 5, Forest Drive, 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.