Apartment 2, 40, Spring Road, Birmingham has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 2, 40, Spring Road, Birmingham is in very good condition we estimate a sale value of £160,589 and rental value of £662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,236 and a rental value of £586 per month.
If you were able to purchase this property for the estimated value of £152,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £752 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 2, 40, Spring Road, Birmingham was last sold on 09 Dec 2021 for £131,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 40, Spring Road, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is Apartment 4, 2, Clifford Road, Birmingham, B11 3FD, a Leasehold flat which sold for £155,000 in Dec 2023.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Road, Birmingham, B11 has a total of 19 addresses. According to our analysis of all the public data, Apartment 2, 40, Spring Road, Birmingham is the 7th largest and the most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in B11.
Apartment 2, 40, Spring Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the public record, Apartment 2, 40, Spring Road, Birmingham is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Spring Road, Birmingham, B11.
Spring Road, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 2 40 Spring Road Birmingham as £152,942 and the rental value as £630 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Apartment 2 40 Spring Road Birmingham has increased by £7,876 (5.1%) and its rental value has increased by £22 per month (3.5%).
The closest station to Apartment 2, 40, Spring Road, Birmingham is Spring Road station which is 600 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 2, 40, Spring Road, Birmingham, 37.2% of property is socially rented and 27.8% 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 2, 40, Spring Road, Birmingham, 40.3% of residents are recorded as possessing school level qualifications and 19.4% 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 2, 40, Spring Road, Birmingham, the average age was 33.2 and the most common age was 7.
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 2, 40, Spring Road, 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 2, 40, Spring Road, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.