According to the public record, Apartment 3, Bakers Mews 78A, Birmingham is a modern leasehold apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Bakers Mews, Station Road, Harborne, Birmingham, B17.
Station Road, Harborne, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
Apartment 3, Bakers Mews 78A, Birmingham has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated October 2019.
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 3 Bakers Mews 78A Birmingham as £223,097 and the rental value as £1,242 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 3 Bakers Mews 78A Birmingham has increased by £12,213 (5.5%) and its rental value has increased by £33 per month (2.7%).
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 3, Bakers Mews 78A, Birmingham is in very good condition we estimate a sale value of £234,252 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,480 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £223,097, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,096 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 3, Bakers Mews 78A, Birmingham was last sold on 14 Sep 2007 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Bakers Mews 78A, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is 2A, Greenfield Road, Birmingham, B17 0ES, a Leasehold flat which sold for £455,000 in Aug 2022.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Harborne, Birmingham, B17 has a total of 117 addresses. According to our analysis of all the public data, Apartment 3, Bakers Mews 78A, Birmingham is the 69th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in B17.
Apartment 3, Bakers Mews 78A, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2019.
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 3, Bakers Mews 78A, Birmingham is University (Birmingham) station which is 1.4 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 3, Bakers Mews 78A, Birmingham, 32.0% of property is privately rented and 27.2% 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 3, Bakers Mews 78A, Birmingham, 29.2% of residents are recorded as possessing school level qualifications and 55.9% 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 3, Bakers Mews 78A, Birmingham, the average age was 38.5 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 3, Bakers Mews 78A, Birmingham, 0.4% 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 3, Bakers Mews 78A, 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.