According to the public record, 7, Parker Street, Birmingham is a mid-century freehold house with 1,022 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parker Street, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
7, Parker Street, Birmingham has 31 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated April 2022.
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 Parker Street Birmingham as £187,563 and the rental value as £937 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Parker Street Birmingham has increased by £11,911 (6.4%) and its rental value has increased by £39 per month (4.1%).
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 7, Parker Street, Birmingham is in very good condition we estimate a sale value of £196,941 and rental value of £984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,433 and a rental value of £871 per month.
If you were able to purchase this property for the estimated value of £187,563, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £922 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, Parker Street, Birmingham sits on a plot of 132m2.
We have plot size data on 11 out of 19 other houses in the postcode and 7, Parker Street, Birmingham sits on the 7th largest plot.
According to HM Land Registry, 7, Parker Street, Birmingham was last sold on 17 Jul 2017 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Parker Street, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 26, Mostyn Road, Birmingham, B16 9DU, a Freehold house which sold for £175,000 in May 2023.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parker Street, Birmingham, B16 has a total of 60 addresses. According to our analysis of all the public data, 7, Parker Street, Birmingham is the 18th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in B16.
7, Parker Street, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2022.
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, Parker Street, Birmingham is Five Ways station which is 1.4 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, Parker Street, Birmingham, 61.4% of property is privately rented and 25.6% 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, Parker Street, Birmingham, 16.5% of residents are recorded as possessing school level qualifications and 35.9% 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 7, Parker Street, Birmingham, the average age was 37.5 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, Parker Street, Birmingham, 0.2% 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, Parker Street, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.