According to the public record, 50, Inverness Road, Birmingham is a early-century freehold house with 904 ft2 of internal area and sits on a 274 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Inverness Road, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
50, Inverness Road, Birmingham has 41 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated February 2017.
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 50 Inverness Road Birmingham as £204,482 and the rental value as £1,117 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 50 Inverness Road Birmingham has increased by £11,562 (5.7%) and its rental value has increased by £53 per month (4.7%).
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, Inverness Road, Birmingham is in very good condition we estimate a sale value of £214,706 and rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,168 and a rental value of £1,039 per month.
If you were able to purchase this property for the estimated value of £204,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,005 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, Inverness Road, Birmingham sits on a plot of 274m2.
We have plot size data on 27 out of 57 other houses in the postcode and 50, Inverness Road, Birmingham sits on the 7th largest plot.
According to HM Land Registry, 50, Inverness Road, Birmingham was last sold on 18 Feb 2022 for £197,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Inverness Road, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 101, Park View Road, Birmingham, B31 5AS, a Leasehold house which sold for £220,000 in Aug 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Inverness Road, Birmingham, B31 has a total of 86 addresses. According to our analysis of all the public data, 50, Inverness Road, Birmingham is the 27th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in B31.
50, Inverness Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2017.
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 50, Inverness Road, Birmingham is Northfield station which is 1.0 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, Inverness Road, Birmingham, 29.9% of property is socially rented and 25.0% 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 50, Inverness Road, Birmingham, 27.4% of residents are recorded as possessing school level qualifications and 23.8% 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 50, Inverness Road, Birmingham, the average age was 35.4 and the most common age was 7.
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, Inverness Road, 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, Inverness Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.