According to the public record, Apartment 16, 3, Union Place, Birmingham is a modern leasehold apartment with 687 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Union Place, Selly Park, Birmingham, B29.
Union Place, Selly Park, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Apartment 16, 3, Union Place, Birmingham has 31 entries in the Land Registry database, most recently in September 2013 and a single entry in the EPC database dated August 2011.
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 16 3 Union Place Birmingham as £183,281 and the rental value as £915 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 16 3 Union Place Birmingham has increased by £8,754 (4.8%) and its rental value has increased by £20 per month (2.2%).
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 16, 3, Union Place, Birmingham is in very good condition we estimate a sale value of £192,445 and rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,451 and a rental value of £851 per month.
If you were able to purchase this property for the estimated value of £183,281, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £901 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 16, 3, Union Place, Birmingham was last sold on 12 Sep 2013 for £134,900 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2013, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 16, 3, Union Place, Birmingham within a radius of 650 metres over the last 2 years.
The most recent example is Apartment 19, 3, Union Place, Birmingham, B29 7NF, a Leasehold flat which sold for £191,000 in Sep 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Place, Selly Park, Birmingham, B29 has a total of 30 addresses. According to our analysis of all the public data, Apartment 16, 3, Union Place, Birmingham is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in B29.
Apartment 16, 3, Union Place, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 16, 3, Union Place, Birmingham is Selly Oak station which is 1.3 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 16, 3, Union Place, Birmingham, 33.9% of property is privately owned outright and 25.4% is socially rented.
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 16, 3, Union Place, Birmingham, 22.0% of residents are recorded as possessing school level qualifications and 58.6% 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 16, 3, Union Place, Birmingham, the average age was 31.9 and the most common age was 17.
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 16, 3, Union Place, Birmingham, 2.9% 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 16, 3, Union Place, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.