According to the public record, 62, Grassmoor Road, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,464 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Grassmoor Road, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
62, Grassmoor Road, Birmingham has a single entry in the Land Registry database from February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Grassmoor Road Birmingham as £746,865 and the rental value as £1,772 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of 62 Grassmoor Road Birmingham has increased by £21,572 (2.9%) and its rental value has increased by £23 per month (1.3%).
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 62, Grassmoor Road, Birmingham is in very good condition we estimate a sale value of £784,208 and rental value of £1,861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £694,584 and a rental value of £1,648 per month.
If you were able to purchase this property for the estimated value of £746,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,671 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 HM Land Registry, 62, Grassmoor Road, Birmingham was last sold on 21 Feb 2006 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Grassmoor Road, Birmingham within a radius of 660 metres over the last 2 years.
The most recent example is 19, Hazelbank, Birmingham, B38 8BT, a Freehold house which sold for £720,000 in Dec 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grassmoor Road, Birmingham, B38 has a total of 50 addresses. According to our analysis of all the public data, 62, Grassmoor Road, Birmingham is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £511k more expensive than the average property in B38.
The closest station to 62, Grassmoor Road, Birmingham is Kings Norton station which is 900 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 62, Grassmoor Road, Birmingham, 63.9% of property is privately owned outright and 33.8% 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 62, Grassmoor Road, Birmingham, 16.6% of residents are recorded as possessing school level qualifications and 44.8% 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 62, Grassmoor Road, Birmingham, the average age was 42.6 and the most common age was 52.
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 62, Grassmoor Road, Birmingham, 0.6% 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 62, Grassmoor Road, Birmingham, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.