According to the public record, Flat 7, Richmond Court 12, Birmingham is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Richmond Court, Tugford Road, Birmingham, B29.
Tugford Road, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 7, Richmond Court 12, Birmingham has 31 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated February 2024.
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 7 Richmond Court 12 Birmingham as £123,648 and the rental value as £883 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of Flat 7 Richmond Court 12 Birmingham has increased by £5,893 (4.8%) and its rental value has increased by £8 per month (0.9%).
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 7, Richmond Court 12, Birmingham is in very good condition we estimate a sale value of £129,830 and rental value of £927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,992 and a rental value of £821 per month.
If you were able to purchase this property for the estimated value of £123,648, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £608 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 7, Richmond Court 12, Birmingham was last sold on 10 Jun 2024 for £122,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2024, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Richmond Court 12, Birmingham within a radius of 590 metres over the last 2 years.
The most recent example is Flat 7, Devon Court 2, Holdgate Road, Birmingham, B29 4PR, a Leasehold flat which sold for £125,000 in Mar 2023.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tugford Road, Birmingham, B29 has a total of 92 addresses. According to our analysis of all the public data, Flat 7, Richmond Court 12, Birmingham is the 49th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in B29.
Flat 7, Richmond Court 12, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, Richmond Court 12, Birmingham is Selly Oak station which is 1.9 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 7, Richmond Court 12, Birmingham, 66.7% of property is socially rented and 14.7% is privately owned outright.
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 7, Richmond Court 12, Birmingham, 35.8% of residents are recorded as possessing school level qualifications and 16.8% 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 7, Richmond Court 12, 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 7, Richmond Court 12, 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 7, Richmond Court 12, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.