According to the public record, 8, Margaret Grove, Birmingham is a period house with 645 ft2 of internal area and sits on a 601 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Margaret Grove, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
8, Margaret Grove, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated November 2018.
We combine this information with public data 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 Margaret Grove Birmingham as £386,996 and the rental value as £1,791 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Margaret Grove Birmingham has increased by £22,206 (5.7%) and its rental value has increased by £58 per month (3.2%).
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, Margaret Grove, Birmingham is in very good condition we estimate a sale value of £406,346 and rental value of £1,880 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,906 and a rental value of £1,665 per month.
If you were able to purchase this property for the estimated value of £386,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,902 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, Margaret Grove, Birmingham sits on a plot of 601m2.
We have plot size data on 21 out of 22 other houses in the postcode and 8, Margaret Grove, Birmingham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Margaret Grove, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 14, Margaret Grove, Birmingham, B17 9JH, a Freehold house which sold for £330,000 in Jan 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margaret Grove, Birmingham, B17 has a total of 65 addresses. According to our analysis of all the public data, 8, Margaret Grove, Birmingham is the 65th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in B17.
8, Margaret Grove, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Margaret Grove, Birmingham is University (Birmingham) station which is 1.7 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 8, Margaret Grove, Birmingham, 39.2% of property is privately owned with a mortgage and 35.2% 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 8, Margaret Grove, Birmingham, 20.8% of residents are recorded as possessing school level qualifications and 70.3% 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, Margaret Grove, Birmingham, the average age was 38.5 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, Margaret Grove, Birmingham, 0.7% 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, Margaret Grove, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.