According to the public record, 63, Russell Street, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,049 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Russell Street, Cofton Hackett, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
63, Russell Street, Birmingham has a single entry in the Land Registry database from November 2019 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 good condition, we estimate the current sale value for 63 Russell Street Birmingham as £347,050 and the rental value as £1,265 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 63 Russell Street Birmingham has increased by £12,052 (3.5%) and its rental value has increased by £26 per month (2.1%).
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 63, Russell Street, Birmingham is in very good condition we estimate a sale value of £364,403 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,757 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £347,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,706 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, 63, Russell Street, Birmingham was last sold on 28 Nov 2019 for £256,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Russell Street, Birmingham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 77, Russell Street, Birmingham, B45 8FL, a Freehold house which sold for £284,995 in Dec 2019.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Street, Cofton Hackett, Birmingham, B45 has a total of 65 addresses. According to our analysis of all the public data, 63, Russell Street, Birmingham is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in B45.
The closest station to 63, Russell Street, Birmingham is Longbridge station which is 2.0 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 63, Russell Street, Birmingham, 54.4% of property is privately owned with a mortgage and 23.9% 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 63, Russell Street, Birmingham, 24.4% of residents are recorded as possessing school level qualifications and 58.1% 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 63, Russell Street, Birmingham, the average age was 43 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 63, Russell Street, 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 63, Russell Street, Birmingham, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.