According to the public record, Flat 8, Westminster, Birmingham is a mid-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Westminster, Hopwas Grove, Birmingham, B37.
Hopwas Grove, Birmingham, B37 is located in the borough of Solihull within the B37 postal district.
Flat 8, Westminster, Birmingham has 31 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated March 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 8 Westminster Birmingham as £70,920 and the rental value as £500 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of Flat 8 Westminster Birmingham has increased by £1,042 (1.5%) and its rental value has increased by £17 per month (3.4%).
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 8, Westminster, Birmingham is in very good condition we estimate a sale value of £74,466 and rental value of £525 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,956 and a rental value of £465 per month.
If you were able to purchase this property for the estimated value of £70,920, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £349 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 8, Westminster, Birmingham was last sold on 21 Dec 2009 for £53,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2009, the market for similar properties has risen 52.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Westminster, Birmingham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 12, Mayfair, Haselour Road, Birmingham, B37 6EG, a Leasehold flat which sold for £78,500 in Dec 2021.
Read more about house prices in B37.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hopwas Grove, Birmingham, B37 has a total of 23 addresses. According to our analysis of all the public data, Flat 8, Westminster, Birmingham is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in B37.
Flat 8, Westminster, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Flat 8, Westminster, Birmingham is Lea Hall station which is 2.5 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 8, Westminster, Birmingham, 36.8% of property is socially rented and 24.6% 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 8, Westminster, Birmingham, 33.9% of residents are recorded as possessing school level qualifications and 22.1% 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 8, Westminster, Birmingham, the average age was 37.3 and the most common age was 32.
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 8, Westminster, 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 8, Westminster, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.