According to the public record, Flat 4, Matthew Court 367, Birmingham is a modern leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Matthew Court, Hagley Road, Birmingham, B17.
Hagley Road, Birmingham, B17 is located in the borough of Birmingham within the B17 postal district.
Flat 4, Matthew Court 367, Birmingham has 81 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated April 2019.
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 4 Matthew Court 367 Birmingham as £77,869 and the rental value as £513 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 4 Matthew Court 367 Birmingham has increased by £3,154 (4.1%) and its rental value has increased by £12 per month (2.3%).
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 4, Matthew Court 367, Birmingham is in very good condition we estimate a sale value of £81,763 and rental value of £538 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,419 and a rental value of £477 per month.
If you were able to purchase this property for the estimated value of £77,869, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £383 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 4, Matthew Court 367, Birmingham was last sold on 16 Oct 2019 for £70,000 and was recorded as a leasehold flat.
The property has had 8 sales since 1995.
Since Oct 2019, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Matthew Court 367, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 9, Matthew Court 367, Hagley Road, Birmingham, B17 8DL, a Leasehold flat which sold for £77,000 in Mar 2024.
Read more about house prices in B17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hagley Road, Birmingham, B17 has a total of 759 addresses. According to our analysis of all the public data, Flat 4, Matthew Court 367, Birmingham is the 746th largest and the 744th most expensive property on the street.
When compared to the postcode district it is £300k less expensive than the average property in B17.
Flat 4, Matthew Court 367, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, Matthew Court 367, Birmingham is Smethwick Rolfe Street station which is 2.7 kilometres away.