According to the public record, Flat 6, 54, Martineau Drive, Birmingham is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Martineau Drive, Harborne, Birmingham, B32.
Martineau Drive, Harborne, Birmingham, B32 is located in the borough of Birmingham within the B32 postal district.
Flat 6, 54, Martineau Drive, Birmingham has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated December 2016.
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 6 54 Martineau Drive Birmingham as £210,927 and the rental value as £942 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 6 54 Martineau Drive Birmingham has increased by £10,694 (5.1%) and its rental value has increased by £35 per month (3.7%).
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 6, 54, Martineau Drive, Birmingham is in very good condition we estimate a sale value of £221,473 and rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,162 and a rental value of £876 per month.
If you were able to purchase this property for the estimated value of £210,927, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,037 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 6, 54, Martineau Drive, Birmingham was last sold on 04 Dec 2020 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 54, Martineau Drive, Birmingham within a radius of 570 metres over the last 2 years.
The most recent example is Flat 3, 56, Martineau Drive, Birmingham, B32 2AR, a Leasehold flat which sold for £195,000 in Aug 2023.
Read more about house prices in B32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martineau Drive, Harborne, Birmingham, B32 has a total of 81 addresses. According to our analysis of all the public data, Flat 6, 54, Martineau Drive, Birmingham is the 62nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in B32.
Flat 6, 54, Martineau Drive, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Dec 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 6, 54, Martineau Drive, Birmingham is University (Birmingham) station which is 3.0 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 6, 54, Martineau Drive, Birmingham, 39.1% of property is socially rented and 35.0% 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 6, 54, Martineau Drive, Birmingham, 22.9% of residents are recorded as possessing school level qualifications and 46.0% 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 6, 54, Martineau Drive, Birmingham, the average age was 35.1 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 6, 54, Martineau Drive, 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 6, 54, Martineau Drive, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.