According to the public record, Apartment 2, 7, Park Road, Birmingham is a modern leasehold apartment with 970 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 7, Park Road, Moseley, Birmingham, B13.
Park Road, Moseley, Birmingham, B13 is located in the borough of Birmingham within the B13 postal district.
Apartment 2, 7, Park Road, Birmingham has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated February 2009.
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 2 7 Park Road Birmingham as £226,282 and the rental value as £1,176 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Apartment 2 7 Park Road Birmingham has increased by £9,486 (4.2%) and its rental value has increased by £35 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 2, 7, Park Road, Birmingham is in very good condition we estimate a sale value of £237,596 and rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,442 and a rental value of £1,094 per month.
If you were able to purchase this property for the estimated value of £226,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,112 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, 7, Park Road, Birmingham was last sold on 25 Nov 2010 for £164,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 43.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 7, Park Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is Flat 15, Hardy Court 84, Trafalgar Road, Birmingham, B13 8BU, a Leasehold flat which sold for £196,500 in Jun 2022.
Read more about house prices in B13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Moseley, Birmingham, B13 has a total of 162 addresses. According to our analysis of all the public data, Apartment 2, 7, Park Road, Birmingham is the 30th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in B13.
Apartment 2, 7, Park Road, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2009.
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 2, 7, Park Road, Birmingham is Bordesley station which is 2.4 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 2, 7, Park Road, Birmingham, 51.6% of property is socially rented and 27.3% is privately 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 2, 7, Park Road, Birmingham, 22.1% of residents are recorded as possessing school level qualifications and 34.2% 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 2, 7, Park Road, Birmingham, the average age was 39.9 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 2, 7, Park 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, 7, Park Road, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.