According to the public record, 81, Dornie Drive, Birmingham is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Dornie Drive, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
81, Dornie Drive, Birmingham has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated March 2021.
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 81 Dornie Drive Birmingham as £75,115 and the rental value as £543 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 81 Dornie Drive Birmingham has increased by £2,811 (3.7%) and its rental value has increased by £12 per month (2.2%).
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 81, Dornie Drive, Birmingham is in very good condition we estimate a sale value of £78,871 and rental value of £570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,857 and a rental value of £505 per month.
If you were able to purchase this property for the estimated value of £75,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £369 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 HM Land Registry, 81, Dornie Drive, Birmingham was last sold on 21 Dec 2020 for £55,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, Dornie Drive, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 9, Dornie Drive, Birmingham, B38 9DY, a Leasehold flat which sold for £90,000 in Mar 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dornie Drive, Birmingham, B38 has a total of 89 addresses. According to our analysis of all the public data, 81, Dornie Drive, Birmingham is the 73rd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in B38.
81, Dornie Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2021.
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 81, Dornie Drive, Birmingham is Kings Norton station which is 1.4 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 81, Dornie Drive, Birmingham, 41.2% of property is socially rented and 28.1% 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 81, Dornie Drive, Birmingham, 26.9% of residents are recorded as possessing school level qualifications and 19.9% 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 81, Dornie Drive, Birmingham, the average age was 36.9 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 81, Dornie 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 81, Dornie Drive, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.