According to the public record, 55, Bay Tree Close, Birmingham is a mid-century house with 839 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bay Tree Close, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
55, Bay Tree Close, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated October 2014.
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 55 Bay Tree Close Birmingham as £197,821 and the rental value as £1,097 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 55 Bay Tree Close Birmingham has increased by £12,702 (6.4%) and its rental value has increased by £53 per month (4.9%).
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 55, Bay Tree Close, Birmingham is in very good condition we estimate a sale value of £207,712 and rental value of £1,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,973 and a rental value of £1,020 per month.
If you were able to purchase this property for the estimated value of £197,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £972 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 55, Bay Tree Close, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is 14, Bay Tree Close, Birmingham, B38 9SH, a Freehold house which sold for £200,000 in Sep 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bay Tree Close, Birmingham, B38 has a total of 53 addresses. According to our analysis of all the public data, 55, Bay Tree Close, Birmingham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in B38.
55, Bay Tree Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2014.
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 55, Bay Tree Close, Birmingham is Northfield station which is 2.0 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 55, Bay Tree Close, Birmingham, 55.6% of property is socially rented and 18.2% 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 55, Bay Tree Close, Birmingham, 17.3% of residents are recorded as possessing school level qualifications and 14.1% 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 55, Bay Tree Close, Birmingham, the average age was 36.9 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 55, Bay Tree 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 55, Bay Tree Close, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.