According to the public record, 87, Metchley Drive, Birmingham is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Metchley Drive, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
87, Metchley Drive, Birmingham has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2019.
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 87 Metchley Drive Birmingham as £146,990 and the rental value as £909 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 87 Metchley Drive Birmingham has increased by £7,163 (4.9%) and its rental value has increased by £18 per month (2.0%).
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 87, Metchley Drive, Birmingham is in very good condition we estimate a sale value of £154,340 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,701 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £146,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £722 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, 87, Metchley Drive, Birmingham was last sold on 11 Jul 2003 for £76,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Metchley Drive, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is 95, Humphrey Middlemore Drive, Birmingham, B17 0JJ, a Leasehold flat which sold for £145,000 in Sep 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Metchley Drive, Birmingham, B17 has a total of 92 addresses. According to our analysis of all the public data, 87, Metchley Drive, Birmingham is the 87th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in B17.
87, Metchley Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 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 87, Metchley Drive, Birmingham is University (Birmingham) station which is 1.0 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 87, Metchley Drive, Birmingham, 44.5% of property is privately rented and 27.7% is socially 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 87, Metchley Drive, Birmingham, 29.2% of residents are recorded as possessing school level qualifications and 43.5% 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 87, Metchley Drive, Birmingham, the average age was 37 and the most common age was 22.
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 87, Metchley 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 87, Metchley 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.