According to the public record, Flat 3, 6, Tower View, Birmingham is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 6, Tower View, Birmingham, B29.
Tower View, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 3, 6, Tower View, Birmingham has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated March 2022.
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 good condition, we estimate the current sale value for Flat 3 6 Tower View Birmingham as £205,681 and the rental value as £999 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 6 Tower View Birmingham has increased by £13,294 (6.5%) and its rental value has increased by £25 per month (2.5%).
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 3, 6, Tower View, Birmingham is in very good condition we estimate a sale value of £215,965 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,283 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £205,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,011 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, 6, Tower View, Birmingham was last sold on 21 Apr 2022 for £188,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 6, Tower View, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 1, 6, Tower View, Birmingham, B29 6WJ, a Leasehold flat which sold for £195,000 in Dec 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower View, Birmingham, B29 has a total of 69 addresses. According to our analysis of all the public data, Flat 3, 6, Tower View, Birmingham is the 52nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in B29.
Flat 3, 6, Tower View, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, 6, Tower View, Birmingham is Selly Oak station which is 700 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 3, 6, Tower View, Birmingham, 38.0% of property is privately rented and 27.1% 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 3, 6, Tower View, Birmingham, 18.3% of residents are recorded as possessing school level qualifications and 37.0% 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 3, 6, Tower View, Birmingham, the average age was 37.7 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, 6, Tower View, 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 3, 6, Tower View, 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.