According to the public record, Apartment 12, 42, Alfred Knight Way, Birmingham is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 42, Alfred Knight Way, Birmingham, B15.
Alfred Knight Way, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Apartment 12, 42, Alfred Knight Way, Birmingham has 3 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated July 2023.
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 12 42 Alfred Knight Way Birmingham as £146,436 and the rental value as £1,071 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of Apartment 12 42 Alfred Knight Way Birmingham has increased by £4,137 (2.8%) and its rental value has increased by £12 per month (1.1%).
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 12, 42, Alfred Knight Way, Birmingham is in very good condition we estimate a sale value of £153,758 and rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,186 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £146,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £720 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 12, 42, Alfred Knight Way, Birmingham was last sold on 19 Sep 2014 for £94,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2014, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12, 42, Alfred Knight Way, Birmingham within a radius of 330 metres over the last 2 years.
The most recent example is Apartment 17, 26, Longleat Avenue, Birmingham, B15 2EX, a Leasehold flat which sold for £136,000 in Apr 2023.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alfred Knight Way, Birmingham, B15 has a total of 94 addresses. According to our analysis of all the public data, Apartment 12, 42, Alfred Knight Way, Birmingham is the 88th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in B15.
Apartment 12, 42, Alfred Knight Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2023.
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 Apartment 12, 42, Alfred Knight Way, Birmingham is Five Ways 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 Apartment 12, 42, Alfred Knight Way, Birmingham, 56.0% of property is privately rented and 24.0% 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 12, 42, Alfred Knight Way, Birmingham, 28.4% of residents are recorded as possessing school level qualifications and 61.7% 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 12, 42, Alfred Knight Way, Birmingham, the average age was 30.3 and the most common age was 27.
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 12, 42, Alfred Knight Way, 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 12, 42, Alfred Knight Way, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.