According to the public record, 51, Quarry Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,099 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Quarry Lane, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
51, Quarry Lane, Birmingham has a single entry in the Land Registry database from April 2009 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 51 Quarry Lane Birmingham as £411,268 and the rental value as £1,346 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 51 Quarry Lane Birmingham has increased by £9,966 (2.4%) and its rental value has increased by £21 per month (1.6%).
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 51, Quarry Lane, Birmingham is in very good condition we estimate a sale value of £431,831 and rental value of £1,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,479 and a rental value of £1,252 per month.
If you were able to purchase this property for the estimated value of £411,268, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,021 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, 51, Quarry Lane, Birmingham was last sold on 29 Apr 2009 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 94.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Quarry Lane, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 132, Quarry Lane, Birmingham, B31 2QD, a Freehold house which sold for £330,000 in Jun 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Quarry Lane, Birmingham, B31 has a total of 70 addresses. According to our analysis of all the public data, 51, Quarry Lane, Birmingham is the 47th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in B31.
The closest station to 51, Quarry Lane, Birmingham is Northfield station which is 400 metres 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 51, Quarry Lane, Birmingham, 59.0% of property is privately owned outright and 39.3% 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 51, Quarry Lane, Birmingham, 12.5% of residents are recorded as possessing school level qualifications and 41.4% 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 51, Quarry Lane, Birmingham, the average age was 42.3 and the most common age was 57.
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 51, Quarry Lane, Birmingham, 0.7% 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 51, Quarry Lane, Birmingham, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.