According to the public record, Apartment 8, Hub 1, Birmingham is a modern leasehold apartment and with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom 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 8, Hub 1, Birmingham has a single entry in the Land Registry database from March 2009 and 2 entries in the EPC database, most recently in September 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 8 Hub 1 Birmingham as £129,003 and the rental value as £965 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of Apartment 8 Hub 1 Birmingham has increased by £3,417 (2.6%) and its rental value has increased by £17 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 8, Hub 1, Birmingham is in very good condition we estimate a sale value of £135,453 and rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,972 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £129,003, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £634 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 8, Hub 1, Birmingham was last sold on 31 Mar 2009 for £59,970 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2009, the market for similar properties has risen 34.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, 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 8, Hub 1, Birmingham is the 82nd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in B4.
Apartment 8, Hub 1, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 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 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.