According to the public record, 5, Lime Tree Grove, Birmingham is a modern freehold house with 1,237 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lime Tree Grove, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
5, Lime Tree Grove, Birmingham has 31 entries in the Land Registry database, most recently in December 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 Lime Tree Grove Birmingham as £360,826 and the rental value as £1,328 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 5 Lime Tree Grove Birmingham has increased by £10,783 (3.0%) and its rental value has increased by £24 per month (1.8%).
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, Lime Tree Grove, Birmingham is in very good condition we estimate a sale value of £378,867 and rental value of £1,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,568 and a rental value of £1,235 per month.
If you were able to purchase this property for the estimated value of £360,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,773 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, Lime Tree Grove, Birmingham sits on a plot of 293m2.
We have plot size data on 9 out of 19 other houses in the postcode and 5, Lime Tree Grove, Birmingham sits on the 6th largest plot.
According to HM Land Registry, 5, Lime Tree Grove, Birmingham was last sold on 04 Dec 2020 for £300,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lime Tree Grove, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 11, New Meadow Close, Birmingham, B31 3XT, a Freehold house which sold for £360,000 in Aug 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lime Tree Grove, Birmingham, B31 has a total of 19 addresses. According to our analysis of all the public data, 5, Lime Tree Grove, Birmingham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in B31.
5, Lime Tree Grove, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2020.
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, Lime Tree Grove, Birmingham is Northfield station which is 700 metres 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, Lime Tree Grove, Birmingham, 44.6% of property is privately owned outright and 43.8% 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, Lime Tree Grove, Birmingham, 12.9% of residents are recorded as possessing school level qualifications and 33.3% 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, Lime Tree Grove, Birmingham, the average age was 42.3 and the most common age was 57.
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, Lime Tree Grove, 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, Lime Tree Grove, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.