According to the public record, Flat 1, Montague House 5, Birmingham is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Montague House, Montague Road, Edgbaston, Birmingham, B16.
Montague Road, Edgbaston, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 1, Montague House 5, Birmingham has 31 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated June 2024.
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 Montague House 5 Birmingham as £227,740 and the rental value as £1,303 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 1 Montague House 5 Birmingham has increased by £8,635 (3.8%) and its rental value has increased by £22 per month (1.7%).
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, Montague House 5, Birmingham is in very good condition we estimate a sale value of £239,127 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,798 and a rental value of £1,212 per month.
If you were able to purchase this property for the estimated value of £227,740, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,119 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, Montague House 5, Birmingham was last sold on 15 Mar 2019 for £223,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Montague House 5, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is Flat 3, Portland Court 35, Portland Road, Birmingham, B16 9HS, a Leasehold flat which sold for £228,000 in Dec 2022.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montague Road, Edgbaston, Birmingham, B16 has a total of 54 addresses. According to our analysis of all the public data, Flat 1, Montague House 5, Birmingham is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in B16.
Flat 1, Montague House 5, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 1, Montague House 5, Birmingham is Five Ways 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, Montague House 5, Birmingham, 57.5% of property is privately rented and 22.1% 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 Flat 1, Montague House 5, Birmingham, 17.1% of residents are recorded as possessing school level qualifications and 55.5% 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, Montague House 5, Birmingham, the average age was 37.5 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, Montague House 5, Birmingham, 1.7% 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, Montague House 5, 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.