According to the public record, 5, Schoolhouse Close, Birmingham is a modern freehold house with 559 ft2 of internal area and sits on a 115 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Schoolhouse Close, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
5, Schoolhouse Close, Birmingham has 41 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated August 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 Schoolhouse Close Birmingham as £187,364 and the rental value as £982 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Schoolhouse Close Birmingham has increased by £11,931 (6.4%) and its rental value has increased by £45 per month (4.6%).
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, Schoolhouse Close, Birmingham is in very good condition we estimate a sale value of £196,732 and rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,248 and a rental value of £913 per month.
If you were able to purchase this property for the estimated value of £187,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £921 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, Schoolhouse Close, Birmingham sits on a plot of 115m2.
We have plot size data on 12 out of 20 other houses in the postcode and 5, Schoolhouse Close, Birmingham sits on the 9th largest plot.
According to HM Land Registry, 5, Schoolhouse Close, Birmingham was last sold on 03 Oct 2019 for £145,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2019, the market for similar properties has risen 32.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Schoolhouse Close, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 9, Schoolhouse Close, Birmingham, B38 0HH, a Freehold house which sold for £163,500 in Feb 2024.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schoolhouse Close, Birmingham, B38 has a total of 20 addresses. According to our analysis of all the public data, 5, Schoolhouse Close, Birmingham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in B38.
5, Schoolhouse Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Aug 2016.
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, Schoolhouse Close, Birmingham is Kings Norton station which is 1.5 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, Schoolhouse Close, Birmingham, 47.0% of property is privately owned outright and 25.4% 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, Schoolhouse Close, Birmingham, 16.5% of residents are recorded as possessing school level qualifications and 25.6% 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, Schoolhouse Close, Birmingham, the average age was 37.6 and the most common age was 27.
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, Schoolhouse Close, Birmingham, 1.9% 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, Schoolhouse Close, 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.