According to the public record, Flat 2, Ironworks 27, Birmingham is a modern apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ironworks, Alcester Street, Birmingham, B12.
Alcester Street, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
Flat 2, Ironworks 27, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
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 good condition, we estimate the current sale value for Flat 2 Ironworks 27 Birmingham as £218,449 and the rental value as £1,004 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 2 Ironworks 27 Birmingham has increased by £8,430 (3.9%) and its rental value has increased by £29 per month (2.9%).
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, Ironworks 27, Birmingham is in very good condition we estimate a sale value of £229,372 and rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,158 and a rental value of £934 per month.
If you were able to purchase this property for the estimated value of £218,449, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,074 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, Ironworks 27, Birmingham within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 102, Park Works 262, Bradford Street, Birmingham, B12 0AL, a Leasehold flat which sold for £207,500 in Jul 2023.
Read more about house prices in B12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alcester Street, Birmingham, B12 has a total of 86 addresses. According to our analysis of all the public data, Flat 2, Ironworks 27, Birmingham is the 30th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in B12.
Flat 2, Ironworks 27, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 2, Ironworks 27, Birmingham is Bordesley 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 2, Ironworks 27, Birmingham, 86.5% of property is privately rented and 6.0% 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, Ironworks 27, Birmingham, 19.0% of residents are recorded as possessing school level qualifications and 59.2% 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, Ironworks 27, Birmingham, the average age was 31.7 and the most common age was 27.
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, Ironworks 27, 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, Ironworks 27, Birmingham, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.