According to the public record, 5, Varden Croft, Birmingham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 789 ft2 of internal area and sits on a 323 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Varden Croft, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
5, Varden Croft, Birmingham has a single entry in the Land Registry database from December 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 Varden Croft Birmingham as £258,372 and the rental value as £1,022 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 5 Varden Croft Birmingham has increased by £12,198 (4.7%) and its rental value has increased by £36 per month (3.5%).
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, Varden Croft, Birmingham is in very good condition we estimate a sale value of £271,291 and rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,286 and a rental value of £950 per month.
If you were able to purchase this property for the estimated value of £258,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,270 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, Varden Croft, Birmingham sits on a plot of 323m2.
We have plot size data on 21 out of 40 other houses in the postcode and 5, Varden Croft, Birmingham sits on the largest plot.
According to HM Land Registry, 5, Varden Croft, Birmingham was last sold on 19 Dec 2008 for £68,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2008, the market for similar properties has risen 74.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Varden Croft, Birmingham within a radius of 440 metres over the last 2 years.
The most recent example is 123, Alexandra Road, Birmingham, B5 7NN, a Freehold house which sold for £205,000 in Nov 2023.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Varden Croft, Birmingham, B5 has a total of 40 addresses. According to our analysis of all the public data, 5, Varden Croft, Birmingham is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in B5.
The closest station to 5, Varden Croft, Birmingham is Five Ways station which is 1.3 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, Varden Croft, Birmingham, 56.9% of property is socially rented and 16.3% 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, Varden Croft, Birmingham, 36.2% of residents are recorded as possessing school level qualifications and 26.6% 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, Varden Croft, Birmingham, the average age was 37.6 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, Varden Croft, Birmingham, 0.4% 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, Varden Croft, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.