According to the public record, 7, Luton Road, Birmingham is a period freehold house with 1,065 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Luton Road, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
7, Luton Road, Birmingham has 41 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated June 2015.
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 Luton Road Birmingham as £419,345 and the rental value as £1,262 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 7 Luton Road Birmingham has increased by £17,141 (4.1%) and its rental value has increased by £3 per month (0.3%).
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 7, Luton Road, Birmingham is in very good condition we estimate a sale value of £440,312 and rental value of £1,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,991 and a rental value of £1,174 per month.
If you were able to purchase this property for the estimated value of £419,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,061 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, Luton Road, Birmingham sits on a plot of 119m2.
We have plot size data on 32 out of 34 other houses in the postcode and 7, Luton Road, Birmingham sits on the 18th largest plot.
According to HM Land Registry, 7, Luton Road, Birmingham was last sold on 12 Apr 2019 for £380,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2019, the market for similar properties has risen 21.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Luton Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 4, Arley Road, Birmingham, B29 7BQ, a Freehold house which sold for £350,000 in Nov 2020.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luton Road, Birmingham, B29 has a total of 34 addresses. According to our analysis of all the public data, 7, Luton Road, Birmingham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in B29.
7, Luton Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2015.
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, Luton Road, Birmingham is Selly Oak station which is 700 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, Luton Road, Birmingham, 87.2% of property is privately rented and 6.0% 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 7, Luton Road, Birmingham, 92.4% of residents are recorded as possessing school level qualifications and 13.7% 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, Luton 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 7, Luton Road, Birmingham, 0.0% 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, Luton 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.