According to the public record, 7, Monksway, Birmingham is a modern freehold house with 731 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monksway, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
7, Monksway, Birmingham has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated May 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 Monksway Birmingham as £255,608 and the rental value as £1,205 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 7 Monksway Birmingham has increased by £15,836 (6.2%) and its rental value has increased by £55 per month (4.6%).
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, Monksway, Birmingham is in very good condition we estimate a sale value of £268,388 and rental value of £1,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,715 and a rental value of £1,121 per month.
If you were able to purchase this property for the estimated value of £255,608, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,256 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, Monksway, Birmingham sits on a plot of 149m2.
We have plot size data on 26 out of 26 other houses in the postcode and 7, Monksway, Birmingham sits on the 24th largest plot.
According to HM Land Registry, 7, Monksway, Birmingham was last sold on 10 Jun 2022 for £140,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Monksway, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is 91, Walkers Heath Road, Birmingham, B38 0AP, a Freehold house which sold for £256,000 in May 2024.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monksway, Birmingham, B38 has a total of 47 addresses. According to our analysis of all the public data, 7, Monksway, Birmingham is the 39th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in B38.
7, Monksway, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Monksway, Birmingham is Kings Norton station which is 1.5 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 7, Monksway, Birmingham, 45.3% of property is privately owned with a mortgage and 19.2% is socially rented.
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, Monksway, Birmingham, 22.8% of residents are recorded as possessing school level qualifications and 40.4% 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, Monksway, Birmingham, the average age was 37.6 and the most common age was 27.
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, Monksway, Birmingham, 1.0% 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, Monksway, 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.