According to the public record, Flat 22, Laurence Court 2A, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 628 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Laurence Court, Maryland Drive, Birmingham, B31.
Maryland Drive, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Flat 22, Laurence Court 2A, Birmingham has a single entry in the Land Registry database from January 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 22 Laurence Court 2A Birmingham as £109,948 and the rental value as £739 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 22 Laurence Court 2A Birmingham has increased by £5,727 (5.2%) and its rental value has increased by £26 per month (3.5%).
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 22, Laurence Court 2A, Birmingham is in very good condition we estimate a sale value of £115,445 and rental value of £776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,251 and a rental value of £687 per month.
If you were able to purchase this property for the estimated value of £109,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £540 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 22, Laurence Court 2A, Birmingham was last sold on 08 Jan 2016 for £84,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 42.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Laurence Court 2A, Birmingham within a radius of 680 metres over the last 2 years.
The most recent example is Flat 16, Laurence Court 2A, Maryland Drive, Birmingham, B31 2AS, a Leasehold flat which sold for £83,500 in Mar 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maryland Drive, Birmingham, B31 has a total of 109 addresses. According to our analysis of all the public data, Flat 22, Laurence Court 2A, Birmingham is the 49th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in B31.
The closest station to Flat 22, Laurence Court 2A, Birmingham is Northfield station which is 1.3 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 22, Laurence Court 2A, Birmingham, 45.3% of property is socially rented and 36.7% 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 22, Laurence Court 2A, Birmingham, 8.5% of residents are recorded as possessing school level qualifications and 22.9% 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 22, Laurence Court 2A, Birmingham, the average age was 44.5 and the most common age was 52.
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 22, Laurence Court 2A, Birmingham, 2.9% 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 22, Laurence Court 2A, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.