According to the public record, Flat 2, Castle Court 31, Birmingham is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Castle Court, Hurst Lane, Birmingham, B34.
Hurst Lane, Birmingham, B34 is located in the borough of Birmingham within the B34 postal district.
Flat 2, Castle Court 31, Birmingham has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated July 2016.
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 Castle Court 31 Birmingham as £83,981 and the rental value as £592 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 2 Castle Court 31 Birmingham has increased by £1,134 (1.4%) and its rental value has increased by £17 per month (3.0%).
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, Castle Court 31, Birmingham is in very good condition we estimate a sale value of £88,180 and rental value of £622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,103 and a rental value of £551 per month.
If you were able to purchase this property for the estimated value of £83,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £413 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, Castle Court 31, Birmingham was last sold on 25 Feb 2021 for £78,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Castle Court 31, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 8, Castle Court 31, Hurst Lane, Birmingham, B34 7HS, a Leasehold flat which sold for £74,000 in Apr 2022.
Read more about house prices in B34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hurst Lane, Birmingham, B34 has a total of 99 addresses. According to our analysis of all the public data, Flat 2, Castle Court 31, Birmingham is the 97th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in B34.
Flat 2, Castle Court 31, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2016.
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 2, Castle Court 31, Birmingham is Water Orton station which is 2.6 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, Castle Court 31, Birmingham, 32.9% of property is privately owned outright and 30.1% 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 2, Castle Court 31, Birmingham, 21.7% of residents are recorded as possessing school level qualifications and 20.7% 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 2, Castle Court 31, Birmingham, the average age was 36.8 and the most common age was 32.
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, Castle Court 31, 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, Castle Court 31, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.