According to the public record, Flat 9, Village Court 55, Birmingham is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Village Court, Lea Village, Birmingham, B33.
Lea Village, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
Flat 9, Village Court 55, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated December 2021.
We combine this information with public data 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 Village Court 55 Birmingham as £95,801 and the rental value as £629 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 9 Village Court 55 Birmingham has increased by £2,038 (2.1%) and its rental value has increased by £16 per month (2.6%).
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, Village Court 55, Birmingham is in very good condition we estimate a sale value of £100,591 and rental value of £661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,095 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £95,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £471 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Village Court 55, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is 22, Lea Mews, Birmingham, B33 8JA, a Leasehold flat which sold for £90,000 in Feb 2021.
Read more about house prices in B33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Village, Birmingham, B33 has a total of 92 addresses. According to our analysis of all the public data, Flat 9, Village Court 55, Birmingham is the 60th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in B33.
Flat 9, Village Court 55, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 9, Village Court 55, Birmingham is Lea Hall station which is 300 metres 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, Village Court 55, Birmingham, 55.4% of property is socially rented and 17.4% 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 9, Village Court 55, Birmingham, 33.5% of residents are recorded as possessing school level qualifications and 15.0% 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, Village Court 55, Birmingham, the average age was 36.3 and the most common age was 7.
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, Village Court 55, 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, Village Court 55, 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.