According to the public record, Apartment 6, Ryland Place 27, Birmingham is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ryland Place, Norfolk Road, Edgbaston, Birmingham, B15.
Norfolk Road, Edgbaston, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Apartment 6, Ryland Place 27, Birmingham has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated March 2018.
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 6 Ryland Place 27 Birmingham as £254,226 and the rental value as £1,435 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Apartment 6 Ryland Place 27 Birmingham has increased by £9,940 (3.9%) and its rental value has increased by £24 per month (1.7%).
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 6, Ryland Place 27, Birmingham is in very good condition we estimate a sale value of £266,938 and rental value of £1,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,430 and a rental value of £1,335 per month.
If you were able to purchase this property for the estimated value of £254,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,249 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 6, Ryland Place 27, Birmingham was last sold on 22 Jul 2022 for £189,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, Ryland Place 27, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is Apartment 24, Ryland Place 27, Norfolk Road, Birmingham, B15 3AY, a Leasehold flat which sold for £120,000 in Apr 2022.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Road, Edgbaston, Birmingham, B15 has a total of 130 addresses. According to our analysis of all the public data, Apartment 6, Ryland Place 27, Birmingham is the 89th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in B15.
Apartment 6, Ryland Place 27, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using elecric underfloor heating.
The closest station to Apartment 6, Ryland Place 27, Birmingham is Five Ways station which is 2.0 kilometres 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 6, Ryland Place 27, Birmingham, 36.8% of property is privately rented and 25.9% is privately owned outright.
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 6, Ryland Place 27, Birmingham, 17.6% of residents are recorded as possessing school level qualifications and 46.8% 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 6, Ryland Place 27, Birmingham, the average age was 37.5 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 6, Ryland Place 27, Birmingham, 0.9% 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 6, Ryland Place 27, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.