According to the public record, 5, Iris Close, Birmingham is a mid-century freehold house with 914 ft2 of internal area and sits on a 477 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Iris Close, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
5, Iris Close, Birmingham has 2 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated January 2015.
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 Iris Close Birmingham as £361,205 and the rental value as £1,305 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Iris Close Birmingham has increased by £21,328 (5.9%) and its rental value has increased by £26 per month (2.0%).
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, Iris Close, Birmingham is in very good condition we estimate a sale value of £379,265 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,920 and a rental value of £1,214 per month.
If you were able to purchase this property for the estimated value of £361,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,775 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, Iris Close, Birmingham sits on a plot of 477m2.
We have plot size data on 19 out of 22 other houses in the postcode and 5, Iris Close, Birmingham sits on the 11th largest plot.
According to HM Land Registry, 5, Iris Close, Birmingham was last sold on 15 May 2015 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 66.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Iris Close, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 15, Mimosa Close, Birmingham, B29 4DA, a Leasehold house which sold for £370,000 in Apr 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iris Close, Birmingham, B29 has a total of 22 addresses. According to our analysis of all the public data, 5, Iris Close, Birmingham is the 20th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in B29.
5, Iris Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 5, Iris Close, Birmingham is Selly Oak station which is 2.2 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, Iris Close, Birmingham, 56.5% of property is privately owned outright and 35.5% 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 5, Iris Close, Birmingham, 13.7% of residents are recorded as possessing school level qualifications and 58.4% 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, Iris Close, Birmingham, the average age was 40.9 and the most common age was 12.
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, Iris Close, Birmingham, 0.7% 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, Iris Close, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.