According to the public record, Flat 6, Wheatley Court 2, Birmingham is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wheatley Court, Jervoise Drive, Birmingham, B31.
Jervoise Drive, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Flat 6, Wheatley Court 2, Birmingham has 2 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated November 2017.
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 Wheatley Court 2 Birmingham as £113,944 and the rental value as £762 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of Flat 6 Wheatley Court 2 Birmingham has increased by £5,936 (5.2%) and its rental value has increased by £27 per month (3.5%).
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, Wheatley Court 2, Birmingham is in very good condition we estimate a sale value of £119,642 and rental value of £800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,968 and a rental value of £708 per month.
If you were able to purchase this property for the estimated value of £113,944, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £560 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, Wheatley Court 2, Birmingham was last sold on 25 Jan 2018 for £75,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Wheatley Court 2, Birmingham within a radius of 640 metres over the last 2 years.
The most recent example is Flat 16, Laurence Court 2A, Maryland Drive, Birmingham, B31 2AS, a Leasehold flat which sold for £83,500 in Mar 2023.
Read more about house prices in B31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jervoise Drive, Birmingham, B31 has a total of 108 addresses. According to our analysis of all the public data, Flat 6, Wheatley Court 2, Birmingham is the 91st largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in B31.
Flat 6, Wheatley Court 2, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2017.
The property is connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 6, Wheatley Court 2, Birmingham is Northfield station which is 1.4 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, Wheatley Court 2, Birmingham, 85.2% of property is socially rented and 7.8% 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, Wheatley Court 2, Birmingham, 26.2% of residents are recorded as possessing school level qualifications and 23.8% 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, Wheatley Court 2, Birmingham, the average age was 44.5 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, Wheatley Court 2, 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, Wheatley Court 2, 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.