According to the public record, Flat 2, 188A, New Road, Birmingham is a mid-century apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 188A, New Road, Rubery, Rednal, Birmingham, B45.
New Road, Rubery, Rednal, Birmingham, B45 is located in the borough of Bromsgrove within the B45 postal district.
Flat 2, 188A, New Road, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated February 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 2 188A New Road Birmingham as £87,091 and the rental value as £560 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Flat 2 188A New Road Birmingham has increased by £3,734 (4.3%) and its rental value has increased by £15 per month (2.8%).
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 2, 188A, New Road, Birmingham is in very good condition we estimate a sale value of £91,446 and rental value of £588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,995 and a rental value of £521 per month.
If you were able to purchase this property for the estimated value of £87,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £428 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 2, 188A, New Road, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 33A, Leach Green Lane, Birmingham, B45 9BJ, a Leasehold flat which sold for £52,000 in Nov 2019.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Rubery, Rednal, Birmingham, B45 has a total of 170 addresses. According to our analysis of all the public data, Flat 2, 188A, New Road, Birmingham is the 143rd largest and the 158th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in B45.
Flat 2, 188A, New Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2014.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to Flat 2, 188A, New Road, Birmingham is Longbridge station which is 2.5 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 2, 188A, New Road, Birmingham, 42.0% of property is privately rented and 29.0% 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 2, 188A, New Road, Birmingham, 15.5% of residents are recorded as possessing school level qualifications and 23.3% 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 2, 188A, New Road, 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 2, 188A, New Road, Birmingham, 0.0% 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 2, 188A, New Road, 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.