According to the public record, 88, Parkfield Road, Birmingham is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 804 ft2 of internal area and sits on a 200 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Parkfield Road, Alum Rock, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
88, Parkfield Road, Birmingham has a single entry in the Land Registry database from May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 88 Parkfield Road Birmingham as £169,564 and the rental value as £874 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 88 Parkfield Road Birmingham has increased by £9,284 (5.5%) and its rental value has increased by £37 per month (4.2%).
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 88, Parkfield Road, Birmingham is in very good condition we estimate a sale value of £178,042 and rental value of £917 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,694 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £169,564, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £833 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, 88, Parkfield Road, Birmingham sits on a plot of 200m2.
We have plot size data on 7 out of 13 other houses in the postcode and 88, Parkfield Road, Birmingham sits on the 4th largest plot.
According to HM Land Registry, 88, Parkfield Road, Birmingham was last sold on 26 May 2016 for £72,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Parkfield Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 78, Whitacre Road, Birmingham, B9 5NN, a Freehold house which sold for £90,000 in Sep 2021.
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, 88, Parkfield Road, Birmingham is the 82nd largest and the 80th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in B8.
The closest station to 88, 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 88, 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 88, 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 88, 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 88, 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 88, 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.