Apartment 306, West Timber Yard 146, Birmingham has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated September 2021.
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 306, West Timber Yard 146, Birmingham is in very good condition we estimate a sale value of £247,666 and rental value of £1,003 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,361 and a rental value of £888 per month.
If you were able to purchase this property for the estimated value of £235,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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 306, West Timber Yard 146, Birmingham was last sold on 23 Jun 2023 for £217,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 306, West Timber Yard 146, Birmingham within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 512, West Timber Yard 146, Hurst Street, Birmingham, B5 6AW, a Leasehold flat which sold for £240,075 in Sep 2022.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hurst Street, Birmingham, B5 has a total of 275 addresses. According to our analysis of all the public data, Apartment 306, West Timber Yard 146, Birmingham is the 198th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in B5.
Apartment 306, West Timber Yard 146, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to the public record, Apartment 306, West Timber Yard 146, Birmingham is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in West Timber Yard, Hurst Street, Birmingham, B5.
Hurst Street, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Apartment 306 West Timber Yard 146 Birmingham as £235,872 and the rental value as £955 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Apartment 306 West Timber Yard 146 Birmingham has increased by £9,098 (3.9%) and its rental value has increased by £29 per month (3.0%).
The closest station to Apartment 306, West Timber Yard 146, Birmingham is Birmingham New Street 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 306, West Timber Yard 146, Birmingham, 52.4% of property is privately rented and 25.7% 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 306, West Timber Yard 146, Birmingham, 37.5% of residents are recorded as possessing school level qualifications and 59.5% 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 306, West Timber Yard 146, Birmingham, the average age was 31.7 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 306, West Timber Yard 146, Birmingham, 0.6% 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 306, West Timber Yard 146, Birmingham, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.