According to the public record, Apartment 50, Blakesley Mews 460, Birmingham is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Blakesley Mews, Bordesley Green East, Stechford, Birmingham, B33.
Bordesley Green East, Stechford, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
Apartment 50, Blakesley Mews 460, Birmingham has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated January 2023.
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 50 Blakesley Mews 460 Birmingham as £95,587 and the rental value as £626 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Apartment 50 Blakesley Mews 460 Birmingham has increased by £1,568 (1.6%) and its rental value has increased by £14 per month (2.3%).
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 50, Blakesley Mews 460, Birmingham is in very good condition we estimate a sale value of £100,366 and rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,896 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £95,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £470 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 50, Blakesley Mews 460, Birmingham was last sold on 22 Sep 2016 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 50, Blakesley Mews 460, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 28, Blakesley Mews 460, Bordesley Green East, Birmingham, B33 8PN, a Leasehold flat which sold for £91,000 in Sep 2021.
Read more about house prices in B33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bordesley Green East, Stechford, Birmingham, B33 has a total of 291 addresses. According to our analysis of all the public data, Apartment 50, Blakesley Mews 460, Birmingham is the 278th largest and the 269th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in B33.
Apartment 50, Blakesley Mews 460, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jan 2023.
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 50, Blakesley Mews 460, Birmingham is Stechford station which is 800 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 50, Blakesley Mews 460, Birmingham, 31.9% of property is privately owned with a mortgage and 25.2% 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 50, Blakesley Mews 460, Birmingham, 35.4% of residents are recorded as possessing school level qualifications and 30.1% 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 50, Blakesley Mews 460, Birmingham, the average age was 30.8 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 50, Blakesley Mews 460, Birmingham, 0.2% 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 50, Blakesley Mews 460, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.