According to the public record, 5, Penkridge Grove, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 843 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Penkridge Grove, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
5, Penkridge Grove, Birmingham has a single entry in the Land Registry database from October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Penkridge Grove Birmingham as £191,430 and the rental value as £1,004 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Penkridge Grove Birmingham has increased by £8,301 (4.3%) and its rental value has increased by £48 per month (4.8%).
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, Penkridge Grove, Birmingham is in very good condition we estimate a sale value of £201,001 and rental value of £1,054 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,030 and a rental value of £934 per month.
If you were able to purchase this property for the estimated value of £191,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £941 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, Penkridge Grove, Birmingham was last sold on 26 Oct 2022 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Penkridge Grove, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 19, Plowden Road, Birmingham, B33 9LB, a Freehold house which sold for £132,500 in Aug 2023.
Read more about house prices in B33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penkridge Grove, Birmingham, B33 has a total of 12 addresses. According to our analysis of all the public data, 5, Penkridge Grove, Birmingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £694 less expensive than the average property in B33.
The closest station to 5, Penkridge Grove, Birmingham is Stechford station which is 1.0 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, Penkridge Grove, Birmingham, 33.3% of property is socially rented and 29.6% is privately rented.
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, Penkridge Grove, Birmingham, 35.1% of residents are recorded as possessing school level qualifications and 15.9% 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, Penkridge Grove, Birmingham, the average age was 32.1 and the most common age was 7.
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, Penkridge 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, Penkridge Grove, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.