According to the public record, 5, Tibbets Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,103 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Tibbets Lane, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
5, Tibbets Lane, Birmingham has 21 entries in the Land Registry database, most recently in August 2008 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 Tibbets Lane Birmingham as £441,907 and the rental value as £2,066 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 5 Tibbets Lane Birmingham has increased by £26,274 (5.9%) and its rental value has increased by £66 per month (3.2%).
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, Tibbets Lane, Birmingham is in very good condition we estimate a sale value of £464,002 and rental value of £2,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,974 and a rental value of £1,922 per month.
If you were able to purchase this property for the estimated value of £441,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,172 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, Tibbets Lane, Birmingham was last sold on 22 Aug 2008 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 91.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Tibbets Lane, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 20, Tennal Road, Birmingham, B32 2JE, a Freehold house which sold for £465,000 in May 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tibbets Lane, Birmingham, B17 has a total of 42 addresses. According to our analysis of all the public data, 5, Tibbets Lane, Birmingham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B17.
The closest station to 5, Tibbets Lane, Birmingham is University (Birmingham) station which is 1.9 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, Tibbets Lane, Birmingham, 33.9% of property is privately owned with a mortgage and 29.8% 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, Tibbets Lane, Birmingham, 17.8% of residents are recorded as possessing school level qualifications and 46.7% 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, Tibbets Lane, Birmingham, the average age was 37 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, Tibbets Lane, Birmingham, 1.5% 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, Tibbets Lane, 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.