According to the public record, 51, Redwood Croft, Birmingham is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Redwood Croft, Birmingham, B14 is located in the borough of Birmingham within the B14 postal district.
51, Redwood Croft, Birmingham has 2 entries in the Land Registry database, most recently in August 2011 and a single entry in the EPC database dated May 2022.
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 51 Redwood Croft Birmingham as £137,399 and the rental value as £853 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 51 Redwood Croft Birmingham has increased by £6,060 (4.4%) and its rental value has increased by £22 per month (2.6%).
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, Redwood Croft, Birmingham is in very good condition we estimate a sale value of £144,269 and rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,781 and a rental value of £793 per month.
If you were able to purchase this property for the estimated value of £137,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £675 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, Redwood Croft, Birmingham was last sold on 16 Aug 2011 for £112,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2011, the market for similar properties has risen 60.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Redwood Croft, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 21, Redwood Croft, Birmingham, B14 7PS, a Leasehold flat which sold for £120,000 in Jul 2019.
Read more about house prices in B14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Croft, Birmingham, B14 has a total of 40 addresses. According to our analysis of all the public data, 51, Redwood Croft, Birmingham is the 32nd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in B14.
51, Redwood Croft, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 51, Redwood Croft, Birmingham is Bournville station which is 2.2 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 51, Redwood Croft, Birmingham, 45.4% of property is privately owned outright and 26.9% 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, Redwood Croft, Birmingham, 18.2% of residents are recorded as possessing school level qualifications and 47.7% 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 51, Redwood Croft, Birmingham, the average age was 42.1 and the most common age was 52.
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, Redwood Croft, Birmingham, 0.3% 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, Redwood Croft, 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.