According to the public record, Flat 6, Birch House 25, Birmingham is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Birch House, Longwood Road, Rednal, Birmingham, B45.
Longwood Road, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
Flat 6, Birch House 25, Birmingham has 41 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated April 2015.
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 Birch House 25 Birmingham as £100,004 and the rental value as £607 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 6 Birch House 25 Birmingham has increased by £4,601 (4.6%) and its rental value has increased by £19 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 6, Birch House 25, Birmingham is in very good condition we estimate a sale value of £105,004 and rental value of £637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,004 and a rental value of £565 per month.
If you were able to purchase this property for the estimated value of £100,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £491 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, Birch House 25, Birmingham was last sold on 17 Nov 2022 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Birch House 25, Birmingham within a radius of 540 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 6, Birch House 25, Birmingham is the 65th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in B45.
Flat 6, Birch House 25, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Apr 2015.
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 6, Birch House 25, 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 6, Birch House 25, 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 6, Birch House 25, 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 6, Birch House 25, 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 6, Birch House 25, 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, Birch House 25, 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.