According to the public record, 50, Gorsymead Grove, Birmingham is a modern freehold house with 893 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gorsymead Grove, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
50, Gorsymead Grove, Birmingham has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated August 2020.
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 good condition, we estimate the current sale value for 50 Gorsymead Grove Birmingham as £269,299 and the rental value as £1,252 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 50 Gorsymead Grove Birmingham has increased by £12,023 (4.5%) and its rental value has increased by £42 per month (3.3%).
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 50, Gorsymead Grove, Birmingham is in very good condition we estimate a sale value of £282,764 and rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,448 and a rental value of £1,164 per month.
If you were able to purchase this property for the estimated value of £269,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,324 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, 50, Gorsymead Grove, Birmingham sits on a plot of 235m2.
We have plot size data on 16 out of 36 other houses in the postcode and 50, Gorsymead Grove, Birmingham sits on the 10th largest plot.
According to HM Land Registry, 50, Gorsymead Grove, Birmingham was last sold on 02 Mar 2018 for £207,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has risen 38.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Gorsymead Grove, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 43, Lower Beeches Road, Birmingham, B31 5JB, a Freehold house which sold for £300,000 in Sep 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorsymead Grove, Birmingham, B31 has a total of 36 addresses. According to our analysis of all the public data, 50, Gorsymead Grove, Birmingham is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in B31.
50, Gorsymead Grove, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 50, Gorsymead Grove, Birmingham is Longbridge 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 50, Gorsymead Grove, Birmingham, 67.2% of property is privately rented and 19.2% is socially 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 50, Gorsymead Grove, Birmingham, 19.4% of residents are recorded as possessing school level qualifications and 46.1% 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 50, Gorsymead Grove, Birmingham, the average age was 36.5 and the most common age was 12.
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 50, Gorsymead 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 50, Gorsymead Grove, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.