According to the public record, Flat 44, Woodbourne, Birmingham is a mid-century leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Woodbourne, Augustus Road, Birmingham, B15.
Augustus Road, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Flat 44, Woodbourne, Birmingham has 31 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated January 2014.
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 44 Woodbourne Birmingham as £243,092 and the rental value as £1,478 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 44 Woodbourne Birmingham has increased by £9,526 (3.9%) and its rental value has increased by £25 per month (1.7%).
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 44, Woodbourne, Birmingham is in very good condition we estimate a sale value of £255,246 and rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,075 and a rental value of £1,375 per month.
If you were able to purchase this property for the estimated value of £243,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,195 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 44, Woodbourne, Birmingham was last sold on 04 Mar 2020 for £244,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2020, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 44, Woodbourne, Birmingham within a radius of 620 metres over the last 2 years.
The most recent example is Flat 3, Woodbourne, Augustus Road, Birmingham, B15 3PH, a Leasehold flat which sold for £250,000 in Jan 2023.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Augustus Road, Birmingham, B15 has a total of 152 addresses. According to our analysis of all the public data, Flat 44, Woodbourne, Birmingham is the 114th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in B15.
Flat 44, Woodbourne, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2014.
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 44, Woodbourne, Birmingham is University (Birmingham) station which is 2.1 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 44, Woodbourne, Birmingham, 52.3% of property is privately owned outright and 26.2% is privately owned with a mortgage.
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 44, Woodbourne, Birmingham, 15.7% of residents are recorded as possessing school level qualifications and 63.6% 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 44, Woodbourne, 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 44, Woodbourne, Birmingham, 1.7% 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 44, Woodbourne, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.