According to the public record, Flat 1, 77, Pershore Road, Birmingham is a mid-century apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 77, Pershore Road, Birmingham, B5.
Pershore Road, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Flat 1, 77, Pershore Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated October 2014.
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 reasonable condition, we estimate the current sale value for Flat 1 77 Pershore Road Birmingham as £125,296 and the rental value as £706 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 1 77 Pershore Road Birmingham has increased by £4,099 (3.3%) and its rental value has increased by £15 per month (2.1%).
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, 77, Pershore Road, Birmingham is in very good condition we estimate a sale value of £131,561 and rental value of £741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,526 and a rental value of £656 per month.
If you were able to purchase this property for the estimated value of £125,296, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £616 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, 77, Pershore Road, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is Flat 3, 77, Pershore Road, Birmingham, B5 7NX, a Leasehold flat which sold for £130,000 in Jul 2019.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pershore Road, Birmingham, B5 has a total of 308 addresses. According to our analysis of all the public data, Flat 1, 77, Pershore Road, Birmingham is the 94th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in B5.
Flat 1, 77, Pershore Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2014.
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, 77, Pershore Road, Birmingham is Five Ways station which is 1.2 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, 77, Pershore Road, Birmingham, 43.4% of property is socially rented and 25.2% 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, 77, Pershore Road, Birmingham, 33.2% of residents are recorded as possessing school level qualifications and 40.3% 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, 77, Pershore Road, Birmingham, the average age was 37.6 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 Flat 1, 77, Pershore 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, 77, Pershore Road, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.