According to the public record, 62, Heeley Road, Birmingham is a modern freehold house with 624 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Heeley Road, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
62, Heeley Road, Birmingham has 31 entries in the Land Registry database, most recently in September 2008 and a single entry in the EPC database dated January 2018.
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 62 Heeley Road Birmingham as £305,351 and the rental value as £1,108 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 62 Heeley Road Birmingham has increased by £24,714 (8.1%) and its rental value has increased by £42 per month (3.8%).
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, Heeley Road, Birmingham is in very good condition we estimate a sale value of £320,619 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,977 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £305,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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, 62, Heeley Road, Birmingham sits on a plot of 185m2.
We have plot size data on 47 out of 48 other houses in the postcode and 62, Heeley Road, Birmingham sits on the 36th largest plot.
According to HM Land Registry, 62, Heeley Road, Birmingham was last sold on 12 Sep 2008 for £137,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2008, the market for similar properties has risen 105.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Heeley Road, Birmingham within a radius of 410 metres over the last 2 years.
The most recent example is 126, Heeley Road, Birmingham, B29 6EZ, a Freehold house which sold for £162,500 in Jul 2015.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heeley Road, Birmingham, B29 has a total of 256 addresses. According to our analysis of all the public data, 62, Heeley Road, Birmingham is the 237th largest and the 220th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in B29.
62, Heeley Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 62, Heeley Road, Birmingham is Selly Oak station which is 200 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, Heeley Road, Birmingham, 33.6% of property is privately owned outright and 33.6% 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, Heeley Road, Birmingham, 21.1% of residents are recorded as possessing school level qualifications and 46.9% 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, Heeley Road, Birmingham, the average age was 23.7 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 62, Heeley Road, Birmingham, 0.8% 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, Heeley 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.