According to the public record, 5, Meadows Drive, Birmingham is a modern leasehold house with 624 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Meadows Drive, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
5, Meadows Drive, Birmingham has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated October 2016.
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 Meadows Drive Birmingham as £306,188 and the rental value as £1,118 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 5 Meadows Drive Birmingham has increased by £22,818 (7.5%) and its rental value has increased by £39 per month (3.5%).
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, Meadows Drive, Birmingham is in very good condition we estimate a sale value of £321,497 and rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,755 and a rental value of £1,040 per month.
If you were able to purchase this property for the estimated value of £306,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,505 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, Meadows Drive, Birmingham was last sold on 15 Sep 2021 for £245,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Meadows Drive, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is 24, Tower View, Birmingham, B29 6UE, a Leasehold house which sold for £180,000 in Nov 2018.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadows Drive, Birmingham, B29 has a total of 33 addresses. According to our analysis of all the public data, 5, Meadows Drive, Birmingham is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in B29.
5, Meadows Drive, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Meadows Drive, Birmingham is Selly Oak station which is 600 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, Meadows Drive, Birmingham, 38.0% of property is privately rented and 27.1% is privately owned outright.
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, Meadows Drive, Birmingham, 18.3% of residents are recorded as possessing school level qualifications and 37.0% 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, Meadows Drive, Birmingham, the average age was 37.7 and the most common age was 22.
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, Meadows 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, Meadows 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.