According to the public record, 8, Chadwick Close, Birmingham is a modern freehold house with 968 ft2 of internal area and sits on a 210 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chadwick Close, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
8, Chadwick Close, Birmingham has 2 entries in the Land Registry database, most recently in December 2018 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 8 Chadwick Close Birmingham as £307,971 and the rental value as £1,290 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Chadwick Close Birmingham has increased by £14,191 (4.6%) and its rental value has increased by £40 per month (3.1%).
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 8, Chadwick Close, Birmingham is in very good condition we estimate a sale value of £323,369 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,413 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £307,971, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,514 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, 8, Chadwick Close, Birmingham sits on a plot of 210m2.
We have plot size data on 5 out of 5 other houses in the postcode and 8, Chadwick Close, Birmingham sits on the largest plot.
According to HM Land Registry, 8, Chadwick Close, Birmingham was last sold on 21 Dec 2018 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 36.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chadwick Close, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is 97, Cofton Park Drive, Birmingham, B45 8GP, a Freehold house which sold for £310,000 in May 2022.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chadwick Close, Rednal, Birmingham, B45 has a total of 5 addresses. According to our analysis of all the public data, 8, Chadwick Close, Birmingham is the largest and the most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in B45.
8, Chadwick Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 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 8, Chadwick Close, Birmingham is Longbridge station which is 800 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 8, Chadwick Close, Birmingham, 33.0% of property is privately owned outright and 32.1% 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 8, Chadwick Close, Birmingham, 19.0% of residents are recorded as possessing school level qualifications and 21.8% 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 8, Chadwick Close, Birmingham, the average age was 38.1 and the most common age was 32.
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 8, Chadwick Close, Birmingham, 2.0% 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 8, Chadwick Close, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.