According to the public record, 516, Bromford Road, Birmingham is a mid-century freehold house and with 1,517 ft2 of internal area and sits on a 553 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bromford Road, Birmingham, B36 is located in the borough of Birmingham within the B36 postal district.
516, Bromford Road, Birmingham has 41 entries in the Land Registry database, most recently in July 2018 and no records in the EPC database.
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 516 Bromford Road Birmingham as £323,729 and the rental value as £1,228 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 516 Bromford Road Birmingham has increased by £7,322 (2.3%) and its rental value has increased by £42 per month (3.4%).
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 516, Bromford Road, Birmingham is in very good condition we estimate a sale value of £339,915 and rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,068 and a rental value of £1,142 per month.
If you were able to purchase this property for the estimated value of £323,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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, 516, Bromford Road, Birmingham sits on a plot of 553m2.
We have plot size data on 17 out of 20 other houses in the postcode and 516, Bromford Road, Birmingham sits on the largest plot.
According to HM Land Registry, 516, Bromford Road, Birmingham was last sold on 13 Jul 2018 for £310,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2018, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 516, Bromford Road, Birmingham within a radius of 421m over the last 2 years.
The most recent example is 84, Rymond Road, Birmingham, B34 6BS, a Freehold house which sold for £305,000 in Jun 2021.
Read more about house prices in B36.
Bromford Road, Birmingham, B36 has a total of 268 addresses. According to our analysis of all the public data, 516, Bromford Road, Birmingham is the 45th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in B36.
516, Bromford Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2023.
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 516, Bromford Road, Birmingham is Stechford station which is 1.8 km 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 516, Bromford Road, Birmingham, 34.7% of property is privately owned with a mortgage and 30.7% 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 516, Bromford Road, Birmingham, 32.5% of residents are recorded as possessing school level qualifications and 29.1% 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 516, Bromford Road, Birmingham, the average age was 33.2 and the most common age was 17.
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 516, Bromford 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 516, Bromford Road, 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.