According to the public record, Flat 14, Pegasus Court 55, Sutton Coldfield is a modern leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Pegasus Court, Hill Village Road, Sutton Coldfield, B75.
Hill Village Road, Sutton Coldfield, B75 is located in the borough of Birmingham within the B75 postal district.
Flat 14, Pegasus Court 55, Sutton Coldfield has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated October 2013.
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 14 Pegasus Court 55 Sutton Coldfield as £340,512 and the rental value as £1,432 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 14 Pegasus Court 55 Sutton Coldfield has increased by £4,933 (1.4%) and its rental value has increased by £30 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 14, Pegasus Court 55, Sutton Coldfield is in very good condition we estimate a sale value of £357,537 and rental value of £1,504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,676 and a rental value of £1,332 per month.
If you were able to purchase this property for the estimated value of £340,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,674 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 14, Pegasus Court 55, Sutton Coldfield was last sold on 10 Dec 2021 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Pegasus Court 55, Sutton Coldfield within a radius of 660 metres over the last 2 years.
The most recent example is Flat 15, Pegasus Court 55, Hill Village Road, Sutton Coldfield, B75 5BH, a Leasehold flat which sold for £269,950 in Aug 2018.
Read more about house prices in B75.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill Village Road, Sutton Coldfield, B75 has a total of 212 addresses. According to our analysis of all the public data, Flat 14, Pegasus Court 55, Sutton Coldfield is the 122nd largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in B75.
Flat 14, Pegasus Court 55, Sutton Coldfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 14, Pegasus Court 55, Sutton Coldfield is Butlers Lane station which is 400 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 14, Pegasus Court 55, Sutton Coldfield, 38.2% of property is privately owned outright and 25.0% 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 14, Pegasus Court 55, Sutton Coldfield, 13.0% of residents are recorded as possessing school level qualifications and 36.7% 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 14, Pegasus Court 55, Sutton Coldfield, the average age was 45.4 and the most common age was 52.
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 14, Pegasus Court 55, Sutton Coldfield, 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 14, Pegasus Court 55, Sutton Coldfield, 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.