According to the public record, Flat 2, Kings Oak 2, Birmingham is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Kings Oak, Harborne Park Road, Birmingham, B17.
Harborne Park Road, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
Flat 2, Kings Oak 2, Birmingham has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated November 2018.
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 Kings Oak 2 Birmingham as £214,007 and the rental value as £1,026 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 2 Kings Oak 2 Birmingham has increased by £10,880 (5.1%) and its rental value has increased by £24 per month (2.3%).
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, Kings Oak 2, Birmingham is in very good condition we estimate a sale value of £224,707 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,026 and a rental value of £954 per month.
If you were able to purchase this property for the estimated value of £214,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,052 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, Kings Oak 2, Birmingham was last sold on 07 Oct 2022 for £235,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Kings Oak 2, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is 3C Lords, Lordswood Road, Birmingham, B17 9RP, a Leasehold flat which sold for £207,500 in Sep 2021.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harborne Park Road, Birmingham, B17 has a total of 332 addresses. According to our analysis of all the public data, Flat 2, Kings Oak 2, Birmingham is the 190th largest and the 174th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in B17.
Flat 2, Kings Oak 2, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 2, Kings Oak 2, Birmingham is University (Birmingham) station which is 1.5 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, Kings Oak 2, Birmingham, 50.3% of property is privately rented and 27.1% 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, Kings Oak 2, Birmingham, 21.2% of residents are recorded as possessing school level qualifications and 69.2% 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, Kings Oak 2, Birmingham, the average age was 38.5 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, Kings Oak 2, 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, Kings Oak 2, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.