According to the public record, 8, Victoria Drive, 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.
Victoria Drive, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
8, Victoria Drive, Birmingham has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated May 2018.
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 Victoria Drive Birmingham as £313,459 and the rental value as £1,270 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 8 Victoria Drive Birmingham has increased by £13,452 (4.3%) and its rental value has increased by £34 per month (2.7%).
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, Victoria Drive, Birmingham is in very good condition we estimate a sale value of £329,132 and rental value of £1,334 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,517 and a rental value of £1,181 per month.
If you were able to purchase this property for the estimated value of £313,459, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,541 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, Victoria Drive, Birmingham sits on a plot of 210m2.
We have plot size data on 8 out of 8 other houses in the postcode and 8, Victoria Drive, Birmingham sits on the 6th largest plot.
According to HM Land Registry, 8, Victoria Drive, Birmingham was last sold on 28 May 2020 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Victoria Drive, Birmingham within a radius of 640 metres over the last 2 years.
The most recent example is 2, Victoria Drive, Birmingham, B31 2GW, a Freehold house which sold for £300,000 in Dec 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Drive, Birmingham, B31 has a total of 8 addresses. According to our analysis of all the public data, 8, Victoria Drive, Birmingham is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in B31.
8, Victoria Drive, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Victoria Drive, Birmingham is Northfield station which is 1.2 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, Victoria Drive, Birmingham, 43.0% of property is privately owned outright and 36.4% 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, Victoria Drive, Birmingham, 21.2% of residents are recorded as possessing school level qualifications and 38.9% 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 8, Victoria Drive, Birmingham, the average age was 40.9 and the most common age was 12.
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, Victoria Drive, 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 8, Victoria Drive, 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.