According to the public record, 53, Parkdale Drive, Birmingham is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Parkdale Drive, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
53, Parkdale Drive, Birmingham has 31 entries in the Land Registry database, most recently in January 2022 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 reasonable condition, we estimate the current sale value for 53 Parkdale Drive Birmingham as £131,457 and the rental value as £815 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 53 Parkdale Drive Birmingham has increased by £5,176 (3.9%) and its rental value has increased by £24 per month (3.0%).
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 53, Parkdale Drive, Birmingham is in very good condition we estimate a sale value of £138,030 and rental value of £856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,255 and a rental value of £758 per month.
If you were able to purchase this property for the estimated value of £131,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £646 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, 53, Parkdale Drive, Birmingham was last sold on 28 Jan 2022 for £111,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Parkdale Drive, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 57, Parkdale Drive, Birmingham, B31 4RN, a Leasehold flat which sold for £123,000 in Jan 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkdale Drive, Birmingham, B31 has a total of 52 addresses. According to our analysis of all the public data, 53, Parkdale Drive, Birmingham is the 32nd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in B31.
53, Parkdale Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2020.
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 53, Parkdale Drive, Birmingham is Longbridge station which is 800 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 53, Parkdale Drive, Birmingham, 32.5% of property is socially rented and 22.5% 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 53, Parkdale Drive, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 25.6% 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 53, Parkdale Drive, Birmingham, the average age was 37 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 53, Parkdale Drive, 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 53, Parkdale Drive, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.