According to the public record, Flat 1, Beacon House, Birmingham is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Beacon House, Callowbrook Lane, Rubery, Rednal, Birmingham, B45.
Callowbrook Lane, Rubery, Rednal, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
Flat 1, Beacon House, Birmingham has 61 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated November 2022.
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 Beacon House Birmingham as £132,744 and the rental value as £738 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 1 Beacon House Birmingham has increased by £6,692 (5.0%) and its rental value has increased by £26 per month (3.5%).
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, Beacon House, Birmingham is in very good condition we estimate a sale value of £139,381 and rental value of £775 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,452 and a rental value of £686 per month.
If you were able to purchase this property for the estimated value of £132,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £652 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, Beacon House, Birmingham was last sold on 24 Mar 2023 for £115,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Mar 2023, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Beacon House, Birmingham within a radius of 760 metres over the last 2 years.
The most recent example is Flat 1, Ashgrove House, Callowbrook Lane, Birmingham, B45 9HT, a Leasehold flat which sold for £117,000 in Aug 2023.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Callowbrook Lane, Rubery, Rednal, Birmingham, B45 has a total of 189 addresses. According to our analysis of all the public data, Flat 1, Beacon House, Birmingham is the 161st largest and the 161st most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in B45.
Flat 1, Beacon House, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2022.
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 Flat 1, Beacon House, Birmingham is Longbridge station which is 3.2 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, Beacon House, Birmingham, 44.1% of property is privately owned with a mortgage and 34.9% 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, Beacon House, Birmingham, 16.2% of residents are recorded as possessing school level qualifications and 29.8% 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, Beacon House, Birmingham, the average age was 44.1 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 Flat 1, Beacon House, Birmingham, 1.1% 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, Beacon House, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.