According to the public record, 56, Newport Road, Birmingham is a period freehold house with 1,496 ft2 of internal area and sits on a 392 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newport Road, Balsall Heath, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
56, Newport Road, Birmingham has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated February 2017.
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 56 Newport Road Birmingham as £243,864 and the rental value as £1,354 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 56 Newport Road Birmingham has increased by £11,075 (4.5%) and its rental value has increased by £45 per month (3.3%).
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 56, Newport Road, Birmingham is in very good condition we estimate a sale value of £256,057 and rental value of £1,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,793 and a rental value of £1,260 per month.
If you were able to purchase this property for the estimated value of £243,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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, 56, Newport Road, Birmingham sits on a plot of 392m2.
We have plot size data on 21 out of 33 other houses in the postcode and 56, Newport Road, Birmingham sits on the 3rd largest plot.
According to HM Land Registry, 56, Newport Road, Birmingham was last sold on 29 Nov 2013 for £173,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 67.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Newport Road, Birmingham within a radius of 390 metres over the last 2 years.
The most recent example is 26, Kingswood Road, Birmingham, B13 9AL, a Freehold house which sold for £265,000 in Sep 2022.
Read more about house prices in B12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newport Road, Balsall Heath, Birmingham, B12 has a total of 68 addresses. According to our analysis of all the public data, 56, Newport Road, Birmingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in B12.
56, Newport Road, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Feb 2017.
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 56, Newport Road, Birmingham is Small Heath station which is 1.9 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 56, Newport Road, Birmingham, 31.5% of property is socially rented and 29.9% 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 56, Newport Road, Birmingham, 34.2% of residents are recorded as possessing school level qualifications and 15.4% 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 56, Newport Road, Birmingham, the average age was 33.5 and the most common age was 22.
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 56, Newport Road, Birmingham, 0.4% 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 56, Newport Road, 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.