According to the public record, 73, Redwood Road, Birmingham is a mid-century freehold house with 914 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redwood Road, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
73, Redwood Road, Birmingham has 31 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated February 2023.
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 73 Redwood Road Birmingham as £288,806 and the rental value as £1,371 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 73 Redwood Road Birmingham has increased by £15,084 (5.2%) and its rental value has increased by £39 per month (2.8%).
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 73, Redwood Road, Birmingham is in very good condition we estimate a sale value of £303,246 and rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,590 and a rental value of £1,275 per month.
If you were able to purchase this property for the estimated value of £288,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,419 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, 73, Redwood Road, Birmingham sits on a plot of 214m2.
We have plot size data on 28 out of 36 other houses in the postcode and 73, Redwood Road, Birmingham sits on the 8th largest plot.
According to HM Land Registry, 73, Redwood Road, Birmingham was last sold on 21 Mar 2022 for £265,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Redwood Road, Birmingham within a radius of 650 metres over the last 2 years.
The most recent example is 88, Redwood Road, Birmingham, B30 1AD, a Leasehold house which sold for £245,000 in May 2023.
Read more about house prices in B30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Road, Birmingham, B30 has a total of 78 addresses. According to our analysis of all the public data, 73, Redwood Road, Birmingham is the 38th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £682 less expensive than the average property in B30.
73, Redwood Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2023.
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 73, Redwood Road, Birmingham is Kings Norton station which is 300 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 73, Redwood Road, Birmingham, 37.7% of property is privately owned outright and 32.2% 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 73, Redwood Road, Birmingham, 14.7% of residents are recorded as possessing school level qualifications and 40.9% 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 73, Redwood Road, Birmingham, the average age was 40.2 and the most common age was 37.
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 73, Redwood 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 73, Redwood Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.