According to the public record, Flat 1, 4, Macniece Close, Birmingham is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 4, Macniece Close, Birmingham, B29.
Macniece Close, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 1, 4, Macniece Close, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 1 4 Macniece Close Birmingham as £223,460 and the rental value as £1,058 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 4 Macniece Close Birmingham has increased by £14,443 (6.5%) and its rental value has increased by £27 per month (2.5%).
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 Flat 1, 4, Macniece Close, Birmingham is in very good condition we estimate a sale value of £234,633 and rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,818 and a rental value of £984 per month.
If you were able to purchase this property for the estimated value of £223,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,098 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 4, Macniece Close, Birmingham within a radius of 470 metres over the last 2 years.
The most recent example is Flat 1, 6, Tower View, Birmingham, B29 6WJ, a Leasehold flat which sold for £195,000 in Dec 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Macniece Close, Birmingham, B29 has a total of 40 addresses. According to our analysis of all the public data, Flat 1, 4, Macniece Close, Birmingham is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in B29.
Flat 1, 4, Macniece Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 4, Macniece Close, Birmingham is Selly Oak 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 Flat 1, 4, Macniece Close, Birmingham, 38.0% of property is privately rented and 27.1% 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 Flat 1, 4, Macniece Close, Birmingham, 18.3% of residents are recorded as possessing school level qualifications and 37.0% 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 Flat 1, 4, Macniece Close, Birmingham, the average age was 37.7 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 Flat 1, 4, Macniece Close, 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 Flat 1, 4, Macniece Close, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.