According to the public record, 57, Steel Road, Birmingham is a early-century freehold house with 871 ft2 of internal area and sits on a 402 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Steel Road, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
57, Steel Road, Birmingham has 31 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated July 2016.
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 57 Steel Road Birmingham as £303,233 and the rental value as £1,222 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 57 Steel Road Birmingham has increased by £14,546 (4.8%) and its rental value has increased by £48 per month (3.9%).
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 57, Steel Road, Birmingham is in very good condition we estimate a sale value of £318,395 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,007 and a rental value of £1,136 per month.
If you were able to purchase this property for the estimated value of £303,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,490 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, 57, Steel Road, Birmingham sits on a plot of 402m2.
We have plot size data on 20 out of 29 other houses in the postcode and 57, Steel Road, Birmingham sits on the 16th largest plot.
According to HM Land Registry, 57, Steel Road, Birmingham was last sold on 08 May 2024 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Steel Road, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 27, Peters Avenue, Birmingham, B31 2RR, a Freehold house which sold for £285,750 in Jul 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steel Road, Birmingham, B31 has a total of 77 addresses. According to our analysis of all the public data, 57, Steel Road, Birmingham is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in B31.
57, Steel Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2016.
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 57, Steel Road, Birmingham is Northfield station which is 700 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 57, Steel Road, Birmingham, 44.2% of property is privately owned outright and 27.9% 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 57, Steel Road, Birmingham, 7.6% of residents are recorded as possessing school level qualifications and 27.3% 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 57, Steel Road, Birmingham, the average age was 41.3 and the most common age was 32.
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 57, Steel Road, Birmingham, 1.1% 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 57, Steel Road, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.