According to the public record, Firs House, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 665 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mearse Lane, Barnt Green, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
Firs House, Birmingham has a single entry in the Land Registry database from October 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Firs House Birmingham as £557,933 and the rental value as £2,150 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Firs House Birmingham has increased by £9,956 (1.8%) and its rental value has increased by £17 per month (0.8%).
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 Firs House, Birmingham is in very good condition we estimate a sale value of £585,829 and rental value of £2,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,877 and a rental value of £2,000 per month.
If you were able to purchase this property for the estimated value of £557,933, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,742 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, Firs House, Birmingham was last sold on 26 Oct 2020 for £2,500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.8 kilometres radius of Firs House, Birmingham over the last 2 years.
The most recent example is Apartment 7, The Mansion House 26, Lord Austin Drive, Bromsgrove, B60 1RB, a Leasehold flat which sold for £635,000 in Jun 2023.
Read more about house prices in B45.
Mearse Lane, Barnt Green, Birmingham, B45 has a total of 40 addresses. According to our analysis of all the public data, Firs House, Birmingham is the 37th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £259k more expensive than the average property in B45.
The closest station to Firs House, Birmingham is Barnt Green station which is 1.9 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 Firs House, Birmingham, 48.2% of property is privately owned outright and 35.2% 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 Firs House, Birmingham, 15.5% of residents are recorded as possessing school level qualifications and 53.9% 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 Firs House, Birmingham, the average age was 43.5 and the most common age was 57.
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 Firs House, Birmingham, 2.5% 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 Firs House, Birmingham, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.