According to the public record, Apartment 10, 26, Griffin Close, Birmingham is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 26, Griffin Close, Northfield, Birmingham, B31.
Griffin Close, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Apartment 10, 26, Griffin Close, Birmingham has 21 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated November 2020.
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 Apartment 10 26 Griffin Close Birmingham as £140,754 and the rental value as £862 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Apartment 10 26 Griffin Close Birmingham has increased by £9,024 (6.4%) and its rental value has increased by £26 per month (3.0%).
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 10, 26, Griffin Close, Birmingham is in very good condition we estimate a sale value of £147,791 and rental value of £905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,901 and a rental value of £801 per month.
If you were able to purchase this property for the estimated value of £140,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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 10, 26, Griffin Close, Birmingham was last sold on 25 Apr 2013 for £103,400 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2013, the market for similar properties has risen 64.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 10, 26, Griffin Close, Birmingham within a radius of 600 metres over the last 2 years.
The most recent example is Apartment 24, 28, Griffin Close, Birmingham, B31 2FJ, a Leasehold flat which sold for £124,000 in Mar 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Griffin Close, Northfield, Birmingham, B31 has a total of 50 addresses. According to our analysis of all the public data, Apartment 10, 26, Griffin Close, Birmingham is the 36th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in B31.
Apartment 10, 26, Griffin Close, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 10, 26, Griffin Close, Birmingham is Northfield station which is 1.9 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 10, 26, Griffin Close, Birmingham, 40.6% of property is privately rented and 29.7% 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 Apartment 10, 26, Griffin Close, Birmingham, 20.7% of residents are recorded as possessing school level qualifications and 61.2% 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 10, 26, Griffin Close, Birmingham, the average age was 44.5 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 Apartment 10, 26, Griffin Close, 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 10, 26, Griffin Close, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.