According to the public record, 9, Nesfield Close, Birmingham is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Nesfield Close, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
9, Nesfield Close, Birmingham has a single entry in the Land Registry database from January 2011 and a single entry in the EPC database dated July 2022.
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 9 Nesfield Close Birmingham as £93,615 and the rental value as £663 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 9 Nesfield Close Birmingham has increased by £3,493 (3.7%) and its rental value has increased by £14 per month (2.2%).
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 9, Nesfield Close, Birmingham is in very good condition we estimate a sale value of £98,295 and rental value of £696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,062 and a rental value of £617 per month.
If you were able to purchase this property for the estimated value of £93,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £460 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, 9, Nesfield Close, Birmingham was last sold on 07 Jan 2011 for £55,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2011, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Nesfield Close, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 3, Blossomfield Court, Blossomfield Close, Birmingham, B38 8NE, a Leasehold flat which sold for £76,000 in Oct 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nesfield Close, Birmingham, B38 has a total of 26 addresses. According to our analysis of all the public data, 9, Nesfield Close, Birmingham is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in B38.
9, Nesfield Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jul 2022.
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 9, Nesfield Close, Birmingham is Northfield station which is 1.3 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 9, Nesfield Close, Birmingham, 45.3% of property is socially rented and 23.7% 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 9, Nesfield Close, Birmingham, 19.9% of residents are recorded as possessing school level qualifications and 17.0% 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 9, Nesfield Close, Birmingham, the average age was 42.6 and the most common age was 52.
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 9, Nesfield Close, Birmingham, 1.1% 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 9, Nesfield Close, 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.