According to the public record, 72, Electric Way, Birmingham is a modern freehold house with 1,173 ft2 of internal area and sits on a 216 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Electric Way, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
72, Electric Way, Birmingham has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated June 2018.
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 72 Electric Way Birmingham as £351,573 and the rental value as £1,384 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 72 Electric Way Birmingham has increased by £10,125 (2.9%) and its rental value has increased by £18 per month (1.3%).
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 72, Electric Way, Birmingham is in very good condition we estimate a sale value of £369,152 and rental value of £1,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,963 and a rental value of £1,287 per month.
If you were able to purchase this property for the estimated value of £351,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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, 72, Electric Way, Birmingham sits on a plot of 216m2.
We have plot size data on 66 out of 67 other houses in the postcode and 72, Electric Way, Birmingham sits on the 21st largest plot.
According to HM Land Registry, 72, Electric Way, Birmingham was last sold on 27 Jul 2018 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 72, Electric Way, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is 47, Electric Way, Birmingham, B11 3NJ, a Freehold house which sold for £289,995 in Jun 2019.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Electric Way, Birmingham, B11 has a total of 76 addresses. According to our analysis of all the public data, 72, Electric Way, Birmingham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in B11.
72, Electric Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jun 2018.
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 72, Electric Way, Birmingham is Tyseley station which is 600 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 72, Electric Way, Birmingham, 43.2% of property is privately owned with a mortgage and 24.3% 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 72, Electric Way, Birmingham, 25.7% of residents are recorded as possessing school level qualifications and 27.5% 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 72, Electric Way, Birmingham, the average age was 33.2 and the most common age was 7.
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 72, Electric Way, 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 72, Electric Way, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.