According to the public record, 54, Savoy Close, Birmingham is a mid-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Savoy Close, Birmingham, B32 is located in the borough of Birmingham within the B32 postal district.
54, Savoy Close, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated May 2013.
We combine this information with public data 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 54 Savoy Close Birmingham as £128,064 and the rental value as £660 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 54 Savoy Close Birmingham has increased by £6,125 (4.8%) and its rental value has increased by £19 per month (2.8%).
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 54, Savoy Close, Birmingham is in very good condition we estimate a sale value of £134,467 and rental value of £693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,100 and a rental value of £614 per month.
If you were able to purchase this property for the estimated value of £128,064, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £629 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Savoy Close, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 46, Savoy Close, Birmingham, B32 2JA, a Leasehold flat which sold for £145,000 in Jan 2023.
Read more about house prices in B32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Savoy Close, Birmingham, B32 has a total of 84 addresses. According to our analysis of all the public data, 54, Savoy Close, Birmingham is the 25th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in B32.
54, Savoy Close, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 54, Savoy Close, Birmingham is University (Birmingham) station which is 2.4 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 54, Savoy Close, Birmingham, 41.5% of property is privately rented and 32.5% is socially rented.
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 54, Savoy Close, Birmingham, 17.2% of residents are recorded as possessing school level qualifications and 33.5% 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 54, Savoy Close, Birmingham, the average age was 35.1 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 54, Savoy Close, 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 54, Savoy Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.