According to the public record, 5, Ringmere Avenue, Birmingham is a early-century freehold house with 1,011 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ringmere Avenue, Birmingham, B36 is located in the borough of Solihull within the B36 postal district.
5, Ringmere Avenue, Birmingham has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated March 2022.
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 Ringmere Avenue Birmingham as £343,026 and the rental value as £1,225 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Ringmere Avenue Birmingham has increased by £6,293 (1.8%) and its rental value has increased by £42 per month (3.4%).
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, Ringmere Avenue, Birmingham is in very good condition we estimate a sale value of £360,177 and rental value of £1,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,014 and a rental value of £1,140 per month.
If you were able to purchase this property for the estimated value of £343,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,686 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, Ringmere Avenue, Birmingham sits on a plot of 495m2.
We have plot size data on 8 out of 10 other houses in the postcode and 5, Ringmere Avenue, Birmingham sits on the largest plot.
According to HM Land Registry, 5, Ringmere Avenue, Birmingham was last sold on 01 Jul 2022 for £347,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ringmere Avenue, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is 28, Ringmere Avenue, Birmingham, B36 9AT, a Freehold house which sold for £335,000 in Dec 2023.
Read more about house prices in B36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ringmere Avenue, Birmingham, B36 has a total of 35 addresses. According to our analysis of all the public data, 5, Ringmere Avenue, Birmingham is the 22nd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in B36.
5, Ringmere Avenue, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2022.
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, Ringmere Avenue, Birmingham is Lea Hall 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, Ringmere Avenue, Birmingham, 42.5% of property is privately owned outright and 42.5% 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, Ringmere Avenue, Birmingham, 17.0% of residents are recorded as possessing school level qualifications and 30.8% 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, Ringmere Avenue, Birmingham, the average age was 45.5 and the most common age was 62.
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, Ringmere Avenue, 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, Ringmere Avenue, 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.