According to the public record, Flat 1, 49, Castle Road, Birmingham is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 49, Castle Road, Birmingham, B29.
Castle Road, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 1, 49, Castle Road, Birmingham has a single entry in the Land Registry database from January 2018 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 Flat 1 49 Castle Road Birmingham as £85,230 and the rental value as £688 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of Flat 1 49 Castle Road Birmingham has increased by £4,817 (5.7%) and its rental value has increased by £10 per month (1.4%).
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, 49, Castle Road, Birmingham is in very good condition we estimate a sale value of £89,491 and rental value of £723 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,264 and a rental value of £640 per month.
If you were able to purchase this property for the estimated value of £85,230, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £419 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, Flat 1, 49, Castle Road, Birmingham was last sold on 25 Jan 2018 for £64,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 1, 49, Castle Road, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 92, Princethorpe Road, Birmingham, B29 5QA, a Leasehold flat which sold for £75,000 in Aug 2019.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Road, Birmingham, B29 has a total of 102 addresses. According to our analysis of all the public data, Flat 1, 49, Castle Road, Birmingham is the 92nd largest and the 95th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in B29.
Flat 1, 49, Castle Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 49, Castle Road, Birmingham is Selly Oak station which is 1.8 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 Flat 1, 49, Castle Road, Birmingham, 32.2% of property is privately owned with a mortgage and 26.0% 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 Flat 1, 49, Castle Road, Birmingham, 25.2% of residents are recorded as possessing school level qualifications and 42.4% 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, 49, Castle Road, Birmingham, the average age was 39.9 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, 49, Castle Road, Birmingham, 0.5% 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 Flat 1, 49, Castle Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.