According to the public record, 724, Warwick Road, Birmingham is a period leasehold apartment with 586 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 724, Warwick Road, Tyseley, Birmingham, B11.
Warwick Road, Tyseley, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
724, Warwick Road, Birmingham has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated May 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 724 Warwick Road Birmingham as £89,625 and the rental value as £521 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 724 Warwick Road Birmingham has increased by £5,062 (5.6%) and its rental value has increased by £21 per month (4.0%).
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 724, Warwick Road, Birmingham is in very good condition we estimate a sale value of £94,107 and rental value of £547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,352 and a rental value of £484 per month.
If you were able to purchase this property for the estimated value of £89,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £440 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, 724, Warwick Road, Birmingham was last sold on 16 Apr 2021 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 724, Warwick Road, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is Flat A, 807, Warwick Road, Birmingham, B11 2EL, a Leasehold flat which sold for £70,000 in May 2022.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, Tyseley, Birmingham, B11 has a total of 316 addresses. According to our analysis of all the public data, 724, Warwick Road, Birmingham is the 254th largest and the 272nd most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in B11.
724, Warwick Road, Birmingham has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 26 May 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using portable electric heaters .
The closest station to 724, Warwick Road, Birmingham is Tyseley station which is 100 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 724, Warwick Road, Birmingham, 39.9% of property is privately rented and 24.2% 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 724, Warwick Road, Birmingham, 33.2% of residents are recorded as possessing school level qualifications and 18.1% 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 724, Warwick Road, Birmingham, the average age was 30.5 and the most common age was 17.
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 724, Warwick Road, 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 724, Warwick Road, 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.