According to the public record, Apartment 15, Austin House 29, Birmingham is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Austin House, School Close, Northfield, Birmingham, B31.
School Close, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Apartment 15, Austin House 29, Birmingham has 3 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2021.
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 15 Austin House 29 Birmingham as £162,976 and the rental value as £882 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Apartment 15 Austin House 29 Birmingham has increased by £6,794 (4.2%) and its rental value has increased by £29 per month (3.3%).
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 15, Austin House 29, Birmingham is in very good condition we estimate a sale value of £171,125 and rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,567 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £162,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £801 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 15, Austin House 29, Birmingham was last sold on 24 Jun 2021 for £139,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 15, Austin House 29, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 13, Austin House 27, School Close, Birmingham, B31 2SH, a Leasehold flat which sold for £110,000 in Mar 2020.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Northfield, Birmingham, B31 has a total of 38 addresses. According to our analysis of all the public data, Apartment 15, Austin House 29, Birmingham is the 30th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in B31.
Apartment 15, Austin House 29, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2021.
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 15, Austin House 29, Birmingham is Longbridge station which is 900 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 15, Austin House 29, Birmingham, 47.3% of property is privately owned outright and 41.8% 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 15, Austin House 29, Birmingham, 17.2% of residents are recorded as possessing school level qualifications and 25.5% 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 15, Austin House 29, Birmingham, the average age was 41.3 and the most common age was 32.
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 15, Austin House 29, 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 15, Austin House 29, 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.