According to the public record, 89, Lomaine Drive, Birmingham is a mid-century leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lomaine Drive, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
89, Lomaine Drive, Birmingham has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated March 2020.
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 89 Lomaine Drive Birmingham as £133,911 and the rental value as £860 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 89 Lomaine Drive Birmingham has increased by £5,710 (4.3%) and its rental value has increased by £16 per month (1.9%).
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 89, Lomaine Drive, Birmingham is in very good condition we estimate a sale value of £140,607 and rental value of £903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,538 and a rental value of £800 per month.
If you were able to purchase this property for the estimated value of £133,911, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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, 89, Lomaine Drive, Birmingham was last sold on 11 Jul 2006 for £90,000 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 89, Lomaine Drive, Birmingham within a radius of 640 metres over the last 2 years.
The most recent example is Flat 22, Ashfield Court 69, Middleton Hall Road, Birmingham, B30 1AF, a Leasehold flat which sold for £130,000 in Jan 2023.
Read more about house prices in B30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lomaine Drive, Birmingham, B30 has a total of 99 addresses. According to our analysis of all the public data, 89, Lomaine Drive, Birmingham is the 94th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in B30.
89, Lomaine Drive, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 89, Lomaine Drive, Birmingham is Kings Norton 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 89, Lomaine Drive, Birmingham, 36.8% of property is privately owned outright and 31.6% 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 89, Lomaine Drive, Birmingham, 16.5% of residents are recorded as possessing school level qualifications and 39.9% 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 89, Lomaine Drive, Birmingham, the average age was 40.2 and the most common age was 37.
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 89, Lomaine Drive, Birmingham, 0.7% 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 89, Lomaine Drive, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.