According to the public record, Flat 9, Devon Court 2, Birmingham is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Devon Court, Holdgate Road, Birmingham, B29.
Holdgate Road, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 9, Devon Court 2, Birmingham has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated August 2022.
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 9 Devon Court 2 Birmingham as £117,499 and the rental value as £849 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of Flat 9 Devon Court 2 Birmingham has increased by £5,600 (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 9, Devon Court 2, Birmingham is in very good condition we estimate a sale value of £123,374 and rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,274 and a rental value of £789 per month.
If you were able to purchase this property for the estimated value of £117,499, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £577 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 9, Devon Court 2, Birmingham was last sold on 31 Jan 2022 for £109,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Devon Court 2, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is Flat 6, Essex Court 22, Tugford Road, Birmingham, B29 4PW, a Leasehold flat which sold for £83,000 in Nov 2018.
Read more about house prices in B29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holdgate Road, Birmingham, B29 has a total of 66 addresses. According to our analysis of all the public data, Flat 9, Devon Court 2, Birmingham is the 66th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in B29.
Flat 9, Devon Court 2, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 9, Devon Court 2, Birmingham is Selly Oak 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 9, Devon Court 2, Birmingham, 80.5% of property is socially rented and 14.3% 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 9, Devon Court 2, Birmingham, 24.6% of residents are recorded as possessing school level qualifications and 25.9% 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 9, Devon 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 9, Devon 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 9, Devon Court 2, Birmingham, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.