According to the public record, 17A, Leach Green Lane, Birmingham is a mid-century leasehold apartment with 644 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 17, Leach Green Lane, Rednal, Birmingham, B45.
Leach Green Lane, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
17A, Leach Green Lane, Birmingham has a single entry in the Land Registry database from July 2007 and a single entry in the EPC database dated October 2008.
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 17A Leach Green Lane Birmingham as £114,214 and the rental value as £694 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 17A Leach Green Lane Birmingham has increased by £5,354 (4.7%) and its rental value has increased by £22 per month (3.2%).
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 17A, Leach Green Lane, Birmingham is in very good condition we estimate a sale value of £119,924 and rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,219 and a rental value of £645 per month.
If you were able to purchase this property for the estimated value of £114,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £561 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, 17A, Leach Green Lane, Birmingham was last sold on 24 Jul 2007 for £76,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17A, Leach Green Lane, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is Flat 10, Foxsedge House 3, Longwood Road, Birmingham, B45 9NH, a Leasehold flat which sold for £76,000 in Nov 2022.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leach Green Lane, Rednal, Birmingham, B45 has a total of 240 addresses. According to our analysis of all the public data, 17A, Leach Green Lane, Birmingham is the 154th largest and the 189th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in B45.
17A, Leach Green Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2008.
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 17A, Leach Green Lane, Birmingham is Longbridge station which is 2.1 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 17A, Leach Green Lane, Birmingham, 41.0% of property is privately owned with a mortgage and 29.3% is privately owned outright.
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 17A, Leach Green Lane, Birmingham, 22.4% of residents are recorded as possessing school level qualifications and 35.1% 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 17A, Leach Green Lane, Birmingham, the average age was 38.8 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 17A, Leach Green Lane, Birmingham, 0.4% 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 17A, Leach Green Lane, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.