According to the public record, 5, Oak Close, Birmingham is a mid-century freehold house with 839 ft2 of internal area and sits on a 408 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Close, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
5, Oak Close, Birmingham has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated March 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 Oak Close Birmingham as £420,316 and the rental value as £2,053 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Oak Close Birmingham has increased by £28,724 (6.8%) and its rental value has increased by £86 per month (4.2%).
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, Oak Close, Birmingham is in very good condition we estimate a sale value of £441,331 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,894 and a rental value of £1,909 per month.
If you were able to purchase this property for the estimated value of £420,316, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,066 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, Oak Close, Birmingham sits on a plot of 408m2.
We have plot size data on 19 out of 24 other houses in the postcode and 5, Oak Close, Birmingham sits on the largest plot.
According to HM Land Registry, 5, Oak Close, Birmingham was last sold on 20 Nov 2015 for £276,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 49.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oak Close, Birmingham within a radius of 640 metres over the last 2 years.
The most recent example is 129A, Lordswood Road, Birmingham, B17 9BH, a Freehold house which sold for £430,000 in Mar 2023.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Close, Birmingham, B17 has a total of 24 addresses. According to our analysis of all the public data, 5, Oak Close, Birmingham is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in B17.
5, Oak Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 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, Oak Close, Birmingham is University (Birmingham) station which is 2.5 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, Oak Close, Birmingham, 36.4% of property is privately owned with a mortgage and 32.2% 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, Oak Close, Birmingham, 19.1% of residents are recorded as possessing school level qualifications and 62.0% 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, Oak Close, Birmingham, the average age was 43.1 and the most common age was 37.
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, Oak Close, Birmingham, 1.0% 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, Oak Close, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.