According to the public record, 6, Penn Grove, Birmingham is a mid-century house with 613 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Penn Grove, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
6, Penn Grove, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated November 2016.
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 6 Penn Grove Birmingham as £182,248 and the rental value as £987 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 6 Penn Grove Birmingham has increased by £15,024 (8.2%) and its rental value has increased by £49 per month (5.0%).
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 6, Penn Grove, Birmingham is in very good condition we estimate a sale value of £191,361 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,491 and a rental value of £918 per month.
If you were able to purchase this property for the estimated value of £182,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £896 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 6, Penn Grove, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 42, Burnel Road, Birmingham, B29 5SN, a Freehold house which sold for £185,000 in Jul 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penn Grove, Birmingham, B29 has a total of 8 addresses. According to our analysis of all the public data, 6, Penn Grove, Birmingham is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in B29.
6, Penn Grove, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 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 6, Penn Grove, Birmingham is Selly Oak 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 6, Penn Grove, Birmingham, 28.6% of property is privately owned with a mortgage and 26.8% 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 6, Penn Grove, Birmingham, 29.2% of residents are recorded as possessing school level qualifications and 26.4% 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 6, Penn Grove, Birmingham, the average age was 37.5 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 6, Penn Grove, Birmingham, 0.3% 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 6, Penn Grove, 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.