According to the public record, 81, Laxey Road, Birmingham is a period house with 775 ft2 of internal area and sits on a 81.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laxey Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
81, Laxey Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
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 81 Laxey Road Birmingham as £135,708 and the rental value as £730 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 81 Laxey Road Birmingham has increased by £8,772 (6.5%) and its rental value has increased by £34 per month (4.7%).
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 81, Laxey Road, Birmingham is in very good condition we estimate a sale value of £142,494 and rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,209 and a rental value of £679 per month.
If you were able to purchase this property for the estimated value of £135,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £667 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, 81, Laxey Road, Birmingham sits on a plot of 81m2.
We have plot size data on 34 out of 41 other houses in the postcode and 81, Laxey Road, Birmingham sits on the 34th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, Laxey Road, Birmingham within a radius of 390 metres over the last 2 years.
The most recent example is 9, Southfield Avenue, Birmingham, B16 0JN, a Freehold house which sold for £132,000 in Oct 2023.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laxey Road, Birmingham, B16 has a total of 83 addresses. According to our analysis of all the public data, 81, Laxey Road, Birmingham is the 78th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in B16.
81, Laxey Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Mar 2014.
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, Laxey Road, Birmingham is Smethwick Rolfe Street station which is 2.1 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, Laxey Road, Birmingham, 35.8% of property is privately rented and 24.1% 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 81, Laxey Road, Birmingham, 36.0% of residents are recorded as possessing school level qualifications and 23.8% 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 81, Laxey Road, Birmingham, the average age was 33.3 and the most common age was 27.
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, Laxey Road, 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, Laxey Road, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.