According to the public record, Flat 3, 364, Gillott Road, Birmingham is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 364, Gillott Road, Birmingham, B16.
Gillott Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 3, 364, Gillott Road, Birmingham has a single entry in the Land Registry database from March 2006 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 3 364 Gillott Road Birmingham as £154,215 and the rental value as £1,115 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of Flat 3 364 Gillott Road Birmingham has increased by £7,350 (4.8%) and its rental value has increased by £30 per month (2.7%).
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 3, 364, Gillott Road, Birmingham is in very good condition we estimate a sale value of £161,926 and rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,420 and a rental value of £1,037 per month.
If you were able to purchase this property for the estimated value of £154,215, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £758 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 3, 364, Gillott Road, Birmingham was last sold on 03 Mar 2006 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 364, Gillott Road, Birmingham within a radius of 460 metres over the last 2 years.
The most recent example is Flat 21, Moorland Court 42, Melville Road, Birmingham, B16 9JR, a Leasehold flat which sold for £128,500 in Jun 2021.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gillott Road, Birmingham, B16 has a total of 935 addresses. According to our analysis of all the public data, Flat 3, 364, Gillott Road, Birmingham is the 330th largest and the 353rd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in B16.
The closest station to Flat 3, 364, Gillott Road, Birmingham is Five Ways station which is 2.5 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 3, 364, Gillott Road, Birmingham, 57.5% of property is privately rented and 37.3% is socially rented.
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 3, 364, Gillott Road, Birmingham, 15.7% of residents are recorded as possessing school level qualifications and 45.5% 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 3, 364, Gillott Road, Birmingham, the average age was 37.5 and the most common age was 22.
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 3, 364, Gillott Road, Birmingham, 0.5% 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 3, 364, Gillott Road, 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.