According to the public record, 82, Parkfield Road, Birmingham is a modern leasehold house with 710 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Parkfield Road, Alum Rock, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
82, Parkfield Road, Birmingham has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated November 2019.
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 82 Parkfield Road Birmingham as £154,365 and the rental value as £793 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 82 Parkfield Road Birmingham has increased by £9,537 (6.2%) and its rental value has increased by £39 per month (4.9%).
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 82, Parkfield Road, Birmingham is in very good condition we estimate a sale value of £162,084 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,560 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £154,365, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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, 82, Parkfield Road, Birmingham was last sold on 20 May 2020 for £127,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 82, Parkfield Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 4, Adderley Park Close, Birmingham, B8 1TB, a Freehold house which sold for £130,000 in Aug 2022.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfield Road, Alum Rock, Birmingham, B8 has a total of 90 addresses. According to our analysis of all the public data, 82, Parkfield Road, Birmingham is the 87th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in B8.
82, Parkfield Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2019.
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 82, Parkfield Road, Birmingham is Adderley Park station which is 600 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 82, Parkfield Road, Birmingham, 50.5% of property is privately owned outright and 23.7% is privately rented.
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 82, Parkfield Road, Birmingham, 30.9% of residents are recorded as possessing school level qualifications and 14.9% 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 82, Parkfield Road, Birmingham, the average age was 30.2 and the most common age was 17.
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 82, Parkfield 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 82, Parkfield Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.