According to the public record, 98, Parkfield Road, Birmingham is a modern leasehold house with 1,302 ft2 of internal area and sits on a 453 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parkfield Road, Alum Rock, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
98, Parkfield Road, Birmingham has a single entry in the Land Registry database from January 2007 and a single entry in the EPC database dated September 2014.
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 98 Parkfield Road Birmingham as £216,469 and the rental value as £1,112 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 98 Parkfield Road Birmingham has increased by £9,901 (4.6%) and its rental value has increased by £37 per month (3.3%).
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 98, Parkfield Road, Birmingham is in very good condition we estimate a sale value of £227,292 and rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,316 and a rental value of £1,034 per month.
If you were able to purchase this property for the estimated value of £216,469, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,064 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, 98, Parkfield Road, Birmingham sits on a plot of 453m2.
We have plot size data on 7 out of 13 other houses in the postcode and 98, Parkfield Road, Birmingham sits on the largest plot.
According to HM Land Registry, 98, Parkfield Road, Birmingham was last sold on 26 Jan 2007 for £130,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 45.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Parkfield Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 14, Alexander Way, Birmingham, B8 3BF, a Freehold house which sold for £119,463 in Jun 2023.
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, 98, Parkfield Road, Birmingham is the 22nd largest and the 15th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in B8.
98, Parkfield Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2014.
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 98, 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 98, 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 98, 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 98, 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 98, 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 98, 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.