According to the public record, Apartment 3, Gracewell Court 1520, Birmingham is a modern leasehold apartment with 531 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gracewell Court, Stratford Road, Hall Green, Birmingham, B28.
Stratford Road, Hall Green, Birmingham, B28 is located in the borough of Birmingham within the B28 postal district.
Apartment 3, Gracewell Court 1520, Birmingham has 4 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2012.
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 Gracewell Court 1520 Birmingham as £133,895 and the rental value as £918 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of Apartment 3 Gracewell Court 1520 Birmingham has increased by £4,118 (3.1%) and its rental value has increased by £24 per month (2.6%).
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, Gracewell Court 1520, Birmingham is in very good condition we estimate a sale value of £140,590 and rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,522 and a rental value of £854 per month.
If you were able to purchase this property for the estimated value of £133,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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, Gracewell Court 1520, Birmingham was last sold on 14 Jul 2022 for £125,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Gracewell Court 1520, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 12, Gracewell Court 1520, Stratford Road, Birmingham, B28 9ET, a Leasehold flat which sold for £105,000 in May 2023.
Read more about house prices in B28.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stratford Road, Hall Green, Birmingham, B28 has a total of 552 addresses. According to our analysis of all the public data, Apartment 3, Gracewell Court 1520, Birmingham is the 448th largest and the 395th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in B28.
Apartment 3, Gracewell Court 1520, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Mar 2012.
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 3, Gracewell Court 1520, Birmingham is Yardley Wood 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 3, Gracewell Court 1520, Birmingham, 46.7% of property is privately owned outright and 30.8% 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 3, Gracewell Court 1520, Birmingham, 22.7% of residents are recorded as possessing school level qualifications and 31.4% 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 3, Gracewell Court 1520, Birmingham, the average age was 39.1 and the most common age was 12.
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, Gracewell Court 1520, 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 3, Gracewell Court 1520, 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.