According to the public record, Flat 26, Gresham Tower, Birmingham is a mid-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gresham Tower, Shawbury Grove, Birmingham, B12.
Shawbury Grove, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
Flat 26, Gresham Tower, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated July 2024.
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 reasonable condition, we estimate the current sale value for Flat 26 Gresham Tower Birmingham as £78,917 and the rental value as £455 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 26 Gresham Tower Birmingham has increased by £3,045 (3.9%) and its rental value has increased by £13 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 26, Gresham Tower, Birmingham is in very good condition we estimate a sale value of £82,862 and rental value of £478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,392 and a rental value of £423 per month.
If you were able to purchase this property for the estimated value of £78,917, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £388 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 2 sales of properties similar to Flat 26, Gresham Tower, Birmingham within a radius of 440 metres over the last 2 years.
The most recent example is Flat 36, Gresham Tower, Shawbury Grove, Birmingham, B12 0TX, a Leasehold flat which sold for £80,000 in Dec 2017.
Read more about house prices in B12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shawbury Grove, Birmingham, B12 has a total of 144 addresses. According to our analysis of all the public data, Flat 26, Gresham Tower, Birmingham is the 103rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in B12.
Flat 26, Gresham Tower, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2024.
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 26, Gresham Tower, Birmingham is Bordesley station which is 600 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 26, Gresham Tower, 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 26, Gresham Tower, 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 26, Gresham Tower, 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 26, Gresham Tower, 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 26, Gresham Tower, 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.