According to the public record, Apartment 5, Morris House 1, Birmingham is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Morris House, School Close, Northfield, Birmingham, B31.
School Close, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Apartment 5, Morris House 1, Birmingham has a single entry in the Land Registry database from August 2006 and a single entry in the EPC database dated October 2020.
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 5 Morris House 1 Birmingham as £161,666 and the rental value as £912 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Apartment 5 Morris House 1 Birmingham has increased by £8,094 (5.0%) and its rental value has increased by £38 per month (4.1%).
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 5, Morris House 1, Birmingham is in very good condition we estimate a sale value of £169,750 and rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,350 and a rental value of £848 per month.
If you were able to purchase this property for the estimated value of £161,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £795 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 5, Morris House 1, Birmingham was last sold on 25 Aug 2006 for £123,495 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, Morris House 1, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 16, Austin House 29, School Close, Birmingham, B31 2SH, a Leasehold flat which sold for £182,500 in Dec 2022.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Northfield, Birmingham, B31 has a total of 38 addresses. According to our analysis of all the public data, Apartment 5, Morris House 1, Birmingham is the 17th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in B31.
Apartment 5, Morris House 1, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2020.
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 5, Morris House 1, Birmingham is Longbridge station which is 900 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 5, Morris House 1, Birmingham, 47.3% of property is privately owned outright and 41.8% 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 5, Morris House 1, Birmingham, 17.2% of residents are recorded as possessing school level qualifications and 25.5% 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 5, Morris House 1, Birmingham, the average age was 41.3 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 5, Morris House 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 5, Morris House 1, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.