According to the public record, 5, Marcos Drive, Birmingham is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Marcos Drive, Birmingham, B36 is located in the borough of Solihull within the B36 postal district.
5, Marcos Drive, Birmingham has a single entry in the Land Registry database from July 2009 and a single entry in the EPC database dated April 2018.
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 Marcos Drive Birmingham as £79,440 and the rental value as £560 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 5 Marcos Drive Birmingham has increased by £913 (1.1%) and its rental value has increased by £16 per month (2.9%).
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, Marcos Drive, Birmingham is in very good condition we estimate a sale value of £83,411 and rental value of £588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,879 and a rental value of £521 per month.
If you were able to purchase this property for the estimated value of £79,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £390 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, Marcos Drive, Birmingham was last sold on 27 Jul 2009 for £51,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2009, the market for similar properties has risen 55.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Marcos Drive, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 9, Austin Croft, Birmingham, B36 9JJ, a Leasehold flat which sold for £73,000 in Mar 2022.
Read more about house prices in B36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marcos Drive, Birmingham, B36 has a total of 45 addresses. According to our analysis of all the public data, 5, Marcos Drive, Birmingham is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in B36.
5, Marcos Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2018.
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, Marcos Drive, Birmingham is Water Orton station which is 1.3 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, Marcos Drive, Birmingham, 41.2% of property is socially rented and 29.0% 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, Marcos Drive, Birmingham, 30.7% of residents are recorded as possessing school level qualifications and 20.1% 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, Marcos Drive, Birmingham, the average age was 36.3 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, Marcos 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, Marcos Drive, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.