According to the public record, Flat 3, Almond House 56, Birmingham is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Almond House, Longwood Road, Rednal, Birmingham, B45.
Longwood Road, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
Flat 3, Almond House 56, Birmingham has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated November 2020.
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 Almond House 56 Birmingham as £114,293 and the rental value as £690 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 3 Almond House 56 Birmingham has increased by £5,258 (4.6%) and its rental value has increased by £21 per month (3.1%).
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, Almond House 56, Birmingham is in very good condition we estimate a sale value of £120,007 and rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,292 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £114,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £562 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, Almond House 56, Birmingham was last sold on 30 Apr 2021 for £95,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Almond House 56, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is Flat 5, Birch House 25, Longwood Road, Birmingham, B45 9NJ, a Leasehold flat which sold for £96,000 in Jul 2023.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longwood Road, Rednal, Birmingham, B45 has a total of 81 addresses. According to our analysis of all the public data, Flat 3, Almond House 56, Birmingham is the 59th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in B45.
Flat 3, Almond House 56, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2020.
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, Almond House 56, Birmingham is Longbridge station which is 2.0 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, Almond House 56, Birmingham, 27.7% of property is privately rented and 25.6% 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, Almond House 56, Birmingham, 29.0% of residents are recorded as possessing school level qualifications and 18.7% 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, Almond House 56, Birmingham, the average age was 38.8 and the most common age was 52.
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, Almond House 56, 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, Almond House 56, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.