According to the public record, Flat 21, Emerald Court 960A, Birmingham is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Emerald Court, Alum Rock Road, Birmingham, B8.
Alum Rock Road, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
Flat 21, Emerald Court 960A, Birmingham has 61 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated February 2021.
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 21 Emerald Court 960A Birmingham as £63,505 and the rental value as £371 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 21 Emerald Court 960A Birmingham has increased by £1,719 (2.7%) and its rental value has increased by £12 per month (3.3%).
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 21, Emerald Court 960A, Birmingham is in very good condition we estimate a sale value of £66,680 and rental value of £389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,060 and a rental value of £345 per month.
If you were able to purchase this property for the estimated value of £63,505, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £312 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 21, Emerald Court 960A, Birmingham was last sold on 05 Oct 2023 for £55,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Oct 2023, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Emerald Court 960A, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 7, Emerald Court 960A, Alum Rock Road, Birmingham, B8 2LS, a Leasehold flat which sold for £57,000 in Sep 2022.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alum Rock Road, Birmingham, B8 has a total of 593 addresses. According to our analysis of all the public data, Flat 21, Emerald Court 960A, Birmingham is the 527th largest and the 583rd most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in B8.
Flat 21, Emerald Court 960A, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2021.
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 21, Emerald Court 960A, Birmingham is Stechford station which is 1.1 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 21, Emerald Court 960A, Birmingham, 35.6% of property is privately rented and 33.1% 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 21, Emerald Court 960A, Birmingham, 35.6% of residents are recorded as possessing school level qualifications and 19.0% 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 21, Emerald Court 960A, Birmingham, the average age was 31.4 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 21, Emerald Court 960A, 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 21, Emerald Court 960A, 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.