According to the public record, 7, Corley Avenue, Birmingham is a early-century freehold house with 957 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Corley Avenue, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
7, Corley Avenue, Birmingham has a single entry in the Land Registry database from August 2018 and a single entry in the EPC database dated April 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 7 Corley Avenue Birmingham as £205,049 and the rental value as £1,101 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Corley Avenue Birmingham has increased by £9,006 (4.4%) and its rental value has increased by £36 per month (3.2%).
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 7, Corley Avenue, Birmingham is in very good condition we estimate a sale value of £215,302 and rental value of £1,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,696 and a rental value of £1,024 per month.
If you were able to purchase this property for the estimated value of £205,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,008 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, 7, Corley Avenue, Birmingham sits on a plot of 208m2.
We have plot size data on 8 out of 20 other houses in the postcode and 7, Corley Avenue, Birmingham sits on the 6th largest plot.
According to HM Land Registry, 7, Corley Avenue, Birmingham was last sold on 13 Aug 2018 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Corley Avenue, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 10, Corley Avenue, Birmingham, B31 3UH, a Freehold house which sold for £180,000 in Feb 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corley Avenue, Birmingham, B31 has a total of 20 addresses. According to our analysis of all the public data, 7, Corley Avenue, Birmingham is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in B31.
7, Corley Avenue, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2018.
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 7, Corley Avenue, Birmingham is Northfield station which is 400 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 7, Corley Avenue, Birmingham, 40.7% of property is privately owned outright and 30.5% 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 7, Corley Avenue, Birmingham, 24.4% of residents are recorded as possessing school level qualifications and 27.5% 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 7, Corley Avenue, Birmingham, the average age was 42.3 and the most common age was 57.
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 7, Corley Avenue, 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 7, Corley Avenue, 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.