According to the public record, Apartment 1, St. James's Court 54, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 605 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. James's Court, Wheatsheaf Road, Birmingham, B16.
Wheatsheaf Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Apartment 1, St. James's Court 54, Birmingham has 21 entries in the Land Registry database, most recently in October 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 1 St. James's Court 54 Birmingham as £116,402 and the rental value as £897 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of Apartment 1 St. James's Court 54 Birmingham has increased by £5,645 (4.8%) and its rental value has increased by £24 per month (2.6%).
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 Apartment 1, St. James's Court 54, Birmingham is in very good condition we estimate a sale value of £122,222 and rental value of £942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,254 and a rental value of £834 per month.
If you were able to purchase this property for the estimated value of £116,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £572 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, Apartment 1, St. James's Court 54, Birmingham was last sold on 01 Oct 2021 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1, St. James's Court 54, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 6, St. James's Court 54, Wheatsheaf Road, Birmingham, B16 0RY, a Leasehold flat which sold for £130,000 in Sep 2018.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Road, Birmingham, B16 has a total of 48 addresses. According to our analysis of all the public data, Apartment 1, St. James's Court 54, Birmingham is the 43rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in B16.
The closest station to Apartment 1, St. James's Court 54, Birmingham is Five Ways station which is 2.3 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 Apartment 1, St. James's Court 54, Birmingham, 46.2% of property is privately owned outright and 33.6% 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 Apartment 1, St. James's Court 54, Birmingham, 18.0% of residents are recorded as possessing school level qualifications and 57.7% 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 Apartment 1, St. James's Court 54, Birmingham, the average age was 36.4 and the most common age was 22.
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 Apartment 1, St. James's Court 54, 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 Apartment 1, St. James's Court 54, Birmingham, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.