According to the public record, Flat 5, Montague House 5, Birmingham is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Montague House, Montague Road, Edgbaston, Birmingham, B16.
Montague Road, Edgbaston, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 5, Montague House 5, Birmingham has 31 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated July 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 5 Montague House 5 Birmingham as £218,535 and the rental value as £1,279 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 5 Montague House 5 Birmingham has increased by £8,286 (3.8%) and its rental value has increased by £21 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 5, Montague House 5, Birmingham is in very good condition we estimate a sale value of £229,462 and rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,238 and a rental value of £1,190 per month.
If you were able to purchase this property for the estimated value of £218,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,074 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 5, Montague House 5, Birmingham was last sold on 19 Dec 2018 for £225,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2018, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Montague House 5, Birmingham within a radius of 500 metres over the last 2 years.
The most recent example is Flat 10, Montague House 5, Montague Road, Birmingham, B16 9HR, a Leasehold flat which sold for £222,500 in Jul 2023.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montague Road, Edgbaston, Birmingham, B16 has a total of 54 addresses. According to our analysis of all the public data, Flat 5, Montague House 5, Birmingham is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in B16.
Flat 5, Montague House 5, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 5, Montague House 5, Birmingham is Five Ways station which is 1.8 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 5, Montague House 5, Birmingham, 57.5% of property is privately rented and 22.1% 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 5, Montague House 5, Birmingham, 17.1% of residents are recorded as possessing school level qualifications and 55.5% 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 5, Montague House 5, 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 5, Montague House 5, 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 5, Montague House 5, 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.