According to the public record, Apartment 5, The Edg 103, Birmingham is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Edg, Springmeadow Road, Birmingham, B15.
Springmeadow Road, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Apartment 5, The Edg 103, Birmingham has 3 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated February 2014.
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 The Edg 103 Birmingham as £171,389 and the rental value as £1,157 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Apartment 5 The Edg 103 Birmingham has increased by £6,937 (4.0%) and its rental value has increased by £30 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 5, The Edg 103, Birmingham is in very good condition we estimate a sale value of £179,959 and rental value of £1,215 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,392 and a rental value of £1,076 per month.
If you were able to purchase this property for the estimated value of £171,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £842 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, The Edg 103, Birmingham was last sold on 28 Aug 2019 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2019, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5, The Edg 103, Birmingham within a radius of 380 metres over the last 2 years.
The most recent example is Apartment 1, The Edg 103, Springmeadow Road, Birmingham, B15 2GJ, a Leasehold flat which sold for £192,000 in Jul 2023.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springmeadow Road, Birmingham, B15 has a total of 104 addresses. According to our analysis of all the public data, Apartment 5, The Edg 103, Birmingham is the 78th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in B15.
Apartment 5, The Edg 103, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 5, The Edg 103, Birmingham is Five Ways station which is 700 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, The Edg 103, Birmingham, 41.2% of property is socially rented and 35.0% is privately 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 5, The Edg 103, Birmingham, 29.8% of residents are recorded as possessing school level qualifications and 51.2% 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 5, The Edg 103, Birmingham, the average age was 30.3 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 5, The Edg 103, 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, The Edg 103, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.