According to the public record, Flat 23, Friary Close 5, Birmingham is a mid-century leasehold apartment and with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Friary Close, Hamstead Hall Road, Birmingham, B20.
Hamstead Hall Road, Birmingham, B20 is located in the borough of Birmingham within the B20 postal district.
Flat 23, Friary Close 5, Birmingham has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated August 2023.
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 23 Friary Close 5 Birmingham as £127,553 and the rental value as £792 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 23 Friary Close 5 Birmingham has increased by £2,649 (2.1%) and its rental value has increased by £12 per month (1.6%).
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 23, Friary Close 5, Birmingham is in very good condition we estimate a sale value of £133,930 and rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,624 and a rental value of £736 per month.
If you were able to purchase this property for the estimated value of £127,553, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £627 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 23, Friary Close 5, Birmingham was last sold on 08 Dec 2023 for £122,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Friary Close 5, Birmingham within a radius of 0m over the last 2 years.
The most recent example is Flat 16, Friary Close 5, Hamstead Hall Road, Birmingham, B20 1HP, a Leasehold flat which sold for £128,000 in Jun 2021.
Read more about house prices in B20.
Hamstead Hall Road, Birmingham, B20 has a total of 91 addresses. According to our analysis of all the public data, Flat 23, Friary Close 5, Birmingham is the 64th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in B20.
Flat 23, Friary Close 5, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 23, Friary Close 5, Birmingham is Hamstead (Birmingham) station which is 1.2 km 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 23, Friary Close 5, Birmingham, 43.8% of property is privately rented and 25.8% 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 23, Friary Close 5, Birmingham, 14.9% of residents are recorded as possessing school level qualifications and 46.3% 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 23, Friary Close 5, Birmingham, the average age was 39.4 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 23, Friary Close 5, Birmingham, 1.2% 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 23, Friary Close 5, 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.