According to the public record, 71, Waterworks Road, Birmingham is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 495 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Waterworks Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
71, Waterworks Road, Birmingham has a single entry in the Land Registry database from May 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 71 Waterworks Road Birmingham as £167,369 and the rental value as £906 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 71 Waterworks Road Birmingham has increased by £11,490 (6.9%) and its rental value has increased by £41 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 71, Waterworks Road, Birmingham is in very good condition we estimate a sale value of £175,737 and rental value of £952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,653 and a rental value of £843 per month.
If you were able to purchase this property for the estimated value of £167,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £823 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, 71, Waterworks Road, Birmingham was last sold on 31 May 2006 for £133,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 71, Waterworks Road, Birmingham within a radius of 410 metres over the last 2 years.
The most recent example is 8, Ascot Close, Birmingham, B16 9EY, a Freehold house which sold for £120,000 in Jul 2018.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterworks Road, Birmingham, B16 has a total of 48 addresses. According to our analysis of all the public data, 71, Waterworks Road, Birmingham is the 41st largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in B16.
The closest station to 71, Waterworks Road, Birmingham is Five Ways station which is 1.3 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 71, Waterworks Road, Birmingham, 39.8% of property is privately rented and 39.2% 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 71, Waterworks Road, Birmingham, 40.1% of residents are recorded as possessing school level qualifications and 31.0% 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 71, Waterworks Road, 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 71, Waterworks Road, 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 71, Waterworks Road, 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.