According to the public record, Flat 2, 2, Stockmans Close, Birmingham is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Stockmans Close, Birmingham, B38.
Stockmans Close, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
Flat 2, 2, Stockmans Close, Birmingham has 3 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated August 2015.
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 2 2 Stockmans Close Birmingham as £148,768 and the rental value as £809 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 2 Stockmans Close Birmingham has increased by £7,647 (5.1%) and its rental value has increased by £29 per month (3.6%).
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, 2, Stockmans Close, Birmingham is in very good condition we estimate a sale value of £156,206 and rental value of £849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,354 and a rental value of £752 per month.
If you were able to purchase this property for the estimated value of £148,768, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £731 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 2, 2, Stockmans Close, Birmingham was last sold on 30 Aug 2023 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Stockmans Close, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 3, 2, Stockmans Close, Birmingham, B38 9AX, a Leasehold flat which sold for £145,000 in May 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stockmans Close, Birmingham, B38 has a total of 43 addresses. According to our analysis of all the public data, Flat 2, 2, Stockmans Close, Birmingham is the 42nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in B38.
Flat 2, 2, Stockmans Close, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 2, Stockmans Close, Birmingham is Kings Norton station which is 2.0 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, 2, Stockmans Close, Birmingham, 55.8% of property is socially rented 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 2, 2, Stockmans Close, Birmingham, 34.1% of residents are recorded as possessing school level qualifications and 30.9% 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, 2, Stockmans Close, Birmingham, the average age was 36.9 and the most common age was 12.
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, 2, Stockmans Close, 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, 2, Stockmans Close, 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.