According to the public record, 56A, Station Road, Birmingham is a period leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 56, Station Road, Kings Norton, Birmingham, B30.
Station Road, Kings Norton, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
56A, Station Road, Birmingham has 3 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated June 2016.
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 56A Station Road Birmingham as £259,672 and the rental value as £1,116 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 56A Station Road Birmingham has increased by £13,321 (5.1%) and its rental value has increased by £30 per month (2.7%).
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 56A, Station Road, Birmingham is in very good condition we estimate a sale value of £272,656 and rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,495 and a rental value of £1,038 per month.
If you were able to purchase this property for the estimated value of £259,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,276 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, 56A, Station Road, Birmingham was last sold on 26 Nov 2021 for £236,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 560 metres radius of 56A, Station Road, Birmingham over the last 2 years.
The most recent example is 54, Station Road, Birmingham, B30 1DA, a Freehold house which sold for £491,000 in Mar 2021.
Read more about house prices in B30.
Station Road, Kings Norton, Birmingham, B30 has a total of 124 addresses. According to our analysis of all the public data, 56A, Station Road, Birmingham is the 84th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in B30.
56A, Station Road, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jun 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 56A, Station Road, Birmingham is Kings Norton station which is 300 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 56A, Station Road, Birmingham, 41.0% of property is privately owned outright and 35.3% 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 56A, Station Road, Birmingham, 19.5% of residents are recorded as possessing school level qualifications and 55.0% 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 56A, Station Road, 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 56A, Station Road, Birmingham, 1.0% 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 56A, Station Road, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.