According to the public record, 7 Venice Court, Wake Green Park, Birmingham is a mid-century Leasehold apartment with 654 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Wake Green Park, Birmingham, B13.
Wake Green Park, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
7 Venice Court, Wake Green Park, Birmingham has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated March 2010.
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 Venice Court Wake Green Park Birmingham as £154,445 and the rental value as £1,016 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 7 Venice Court Wake Green Park Birmingham has increased by £5,876 (3.8%) and its rental value has increased by £27 per month (2.7%).
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 Venice Court, Wake Green Park, Birmingham is in very good condition we estimate a sale value of £162,167 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,634 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £154,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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, 7 Venice Court, Wake Green Park, Birmingham was last sold on 30 Mar 2016 for £123,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 35.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Venice Court, Wake Green Park, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is 8 Royston Court, Wake Green Park, Birmingham, B13 9YN, a Leasehold flat which sold for £131,000 in Jan 2023.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wake Green Park, Birmingham, B13 has a total of 354 addresses. According to our analysis of all the public data, 7 Venice Court, Wake Green Park, Birmingham is the 25th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in B13.
7 Venice Court, Wake Green Park, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2010.
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 Venice Court, Wake Green Park, Birmingham is Hall Green station which is 2.1 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 Venice Court, Wake Green Park, Birmingham, 37.3% of property is privately rented and 35.9% 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 Venice Court, Wake Green Park, Birmingham, 12.4% of residents are recorded as possessing school level qualifications and 53.5% 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 Venice Court, Wake Green Park, Birmingham, the average age was 38.7 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 Venice Court, Wake Green Park, Birmingham, 0.4% 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 Venice Court, Wake Green Park, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.