According to the public record, 8, Margesson Drive, Birmingham is a mid-century house with 853 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Margesson Drive, Barnt Green, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
8, Margesson Drive, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated April 2010.
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 Margesson Drive Birmingham as £423,909 and the rental value as £1,548 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Margesson Drive Birmingham has increased by £8,551 (2.0%) and its rental value has increased by £14 per month (0.9%).
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, Margesson Drive, Birmingham is in very good condition we estimate a sale value of £445,104 and rental value of £1,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,235 and a rental value of £1,439 per month.
If you were able to purchase this property for the estimated value of £423,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,083 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, Margesson Drive, Birmingham sits on a plot of 188m2.
We have plot size data on 11 out of 22 other houses in the postcode and 8, Margesson Drive, Birmingham sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Margesson Drive, Birmingham within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 22, Orchard Croft, Birmingham, B45 8NH, a Freehold house which sold for £485,000 in Mar 2024.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margesson Drive, Barnt Green, Birmingham, B45 has a total of 22 addresses. According to our analysis of all the public data, 8, Margesson Drive, Birmingham is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in B45.
8, Margesson Drive, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Apr 2010.
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, Margesson Drive, Birmingham is Barnt Green station which is 500 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, Margesson Drive, Birmingham, 47.6% of property is privately owned outright and 46.0% 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, Margesson Drive, Birmingham, 20.9% of residents are recorded as possessing school level qualifications and 56.2% 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, Margesson Drive, Birmingham, the average age was 43 and the most common age was 52.
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, Margesson Drive, Birmingham, 0.3% 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, Margesson Drive, Birmingham, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.