According to the public record, Flat 6, Park Place 6, Birmingham is a mid-century leasehold apartment with 738 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Park Place, Washbrook Road, Birmingham, B8.
Washbrook Road, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
Flat 6, Park Place 6, Birmingham has 41 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated December 2008.
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 Park Place 6 Birmingham as £88,059 and the rental value as £503 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 6 Park Place 6 Birmingham has increased by £2,816 (3.2%) and its rental value has increased by £15 per month (2.9%).
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, Park Place 6, Birmingham is in very good condition we estimate a sale value of £92,461 and rental value of £528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,894 and a rental value of £468 per month.
If you were able to purchase this property for the estimated value of £88,059, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £433 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, Park Place 6, Birmingham was last sold on 30 Aug 2016 for £66,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2016, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Park Place 6, Birmingham within a radius of 590 metres over the last 2 years.
The most recent example is Flat 5, Park Place 6, Washbrook Road, Birmingham, B8 2DG, a Leasehold flat which sold for £77,500 in Jun 2021.
Read more about house prices in B8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Washbrook Road, Birmingham, B8 has a total of 36 addresses. According to our analysis of all the public data, Flat 6, Park Place 6, Birmingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in B8.
Flat 6, Park Place 6, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Dec 2008.
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, Park Place 6, Birmingham is Stechford 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 6, Park Place 6, Birmingham, 38.1% of property is socially rented and 26.2% is privately 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, Park Place 6, Birmingham, 40.1% of residents are recorded as possessing school level qualifications and 18.9% 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, Park Place 6, Birmingham, the average age was 30.4 and the most common age was 17.
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, Park Place 6, Birmingham, 0.2% 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, Park Place 6, 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.