According to the public record, Flat 3, 78, Grantham Road, Birmingham is a period Leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 78, Grantham Road, Birmingham, B11.
Grantham Road, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
Flat 3, 78, Grantham Road, Birmingham has 41 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated April 2021.
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 3 78 Grantham Road Birmingham as £216,983 and the rental value as £879 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 3 78 Grantham Road Birmingham has increased by £9,521 (4.4%) and its rental value has increased by £25 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 3, 78, Grantham Road, Birmingham is in very good condition we estimate a sale value of £227,832 and rental value of £923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,794 and a rental value of £818 per month.
If you were able to purchase this property for the estimated value of £216,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,066 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, 78, Grantham Road, Birmingham was last sold on 23 Jul 2018 for £190,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2018, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 78, Grantham Road, Birmingham within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 76, Grantham Road, Birmingham, B11 1LY, a Leasehold flat which sold for £100,000 in Jan 2013.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Road, Birmingham, B11 has a total of 87 addresses. According to our analysis of all the public data, Flat 3, 78, Grantham Road, Birmingham is the 57th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in B11.
Flat 3, 78, Grantham Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2021.
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 3, 78, Grantham Road, Birmingham is Small Heath station which is 800 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, 78, Grantham Road, Birmingham, 37.5% of property is socially rented and 35.4% 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, 78, Grantham Road, Birmingham, 31.7% of residents are recorded as possessing school level qualifications and 18.1% 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, 78, Grantham Road, Birmingham, the average age was 31.5 and the most common age was 12.
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, 78, Grantham Road, 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, 78, Grantham Road, 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.