According to the public record, Apartment 49, Hub 1, Birmingham is a modern leasehold apartment and with 344 ft2 of internal area.
Apartments of this size in this area are normally studios with a balcony.
The apartment is in Hub, Clive Passage, Birmingham, B4.
Clive Passage, Birmingham, B4 is located in the borough of Birmingham within the B4 postal district.
Apartment 49, Hub 1, Birmingham has a single entry in the Land Registry database from December 2008 and 2 entries in the EPC database, most recently in April 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 49 Hub 1 Birmingham as £126,545 and the rental value as £942 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of Apartment 49 Hub 1 Birmingham has increased by £3,111 (2.5%) and its rental value has increased by £14 per month (1.5%).
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 49, Hub 1, Birmingham is in very good condition we estimate a sale value of £132,872 and rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,687 and a rental value of £876 per month.
If you were able to purchase this property for the estimated value of £126,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £622 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 49, Hub 1, Birmingham was last sold on 05 Dec 2008 for £63,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2008, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 49, Hub 1, Birmingham within a radius of 0m over the last 2 years.
The most recent example is Apartment 19, Hub 1, Clive Passage, Birmingham, B4 6HU, a Leasehold flat which sold for £185,000 in Sep 2018.
Read more about house prices in B4.
Clive Passage, Birmingham, B4 has a total of 123 addresses. According to our analysis of all the public data, Apartment 49, Hub 1, Birmingham is the 118th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in B4.
Apartment 49, Hub 1, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 49, Hub 1, Birmingham is Birmingham Snow Hill station which is 300 m 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 49, Hub 1, Birmingham, 78.4% of property is privately rented and 8.8% 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 49, Hub 1, Birmingham, 18.1% of residents are recorded as possessing school level qualifications and 46.2% 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 49, Hub 1, Birmingham, the average age was 25.6 and the most common age was 22.
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 49, Hub 1, 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 49, Hub 1, 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.