According to the public record, Flat 2, 89, Redhill Road, 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 89, Redhill Road, Northfield, Birmingham, B31.
Redhill Road, Northfield, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Flat 2, 89, Redhill Road, Birmingham has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated April 2020.
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 good condition, we estimate the current sale value for Flat 2 89 Redhill Road Birmingham as £172,754 and the rental value as £908 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 89 Redhill Road Birmingham has increased by £6,282 (3.6%) and its rental value has increased by £24 per month (2.6%).
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, 89, Redhill Road, Birmingham is in very good condition we estimate a sale value of £181,392 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,662 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £172,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £849 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, 89, Redhill Road, Birmingham was last sold on 12 May 2020 for £132,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 89, Redhill Road, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 55, Westminster Place, Birmingham, B31 3PL, a Leasehold flat which sold for £94,500 in Mar 2024.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redhill Road, Northfield, Birmingham, B31 has a total of 159 addresses. According to our analysis of all the public data, Flat 2, 89, Redhill Road, Birmingham is the 133rd largest and the 113th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in B31.
Flat 2, 89, Redhill Road, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Apr 2020.
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, 89, Redhill Road, Birmingham is Northfield station which is 1.2 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 2, 89, Redhill Road, Birmingham, 33.6% of property is privately owned with a mortgage and 32.0% is privately rented.
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, 89, Redhill Road, Birmingham, 22.1% of residents are recorded as possessing school level qualifications and 21.8% 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 2, 89, Redhill Road, Birmingham, the average age was 37 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, 89, Redhill 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, 89, Redhill 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.