According to the public record, Flat B, 36, Oakfield Road, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 884 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 36, Oakfield Road, Balsall Heath, Birmingham, B12.
Oakfield Road, Balsall Heath, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
Flat B, 36, Oakfield Road, Birmingham has a single entry in the Land Registry database from February 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat B 36 Oakfield Road Birmingham as £134,696 and the rental value as £755 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat B 36 Oakfield Road Birmingham has increased by £5,599 (4.2%) and its rental value has increased by £21 per month (2.8%).
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 B, 36, Oakfield Road, Birmingham is in very good condition we estimate a sale value of £141,430 and rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,267 and a rental value of £702 per month.
If you were able to purchase this property for the estimated value of £134,696, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £662 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 B, 36, Oakfield Road, Birmingham was last sold on 19 Feb 2009 for £174,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2009, the market for similar properties has risen 45.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of Flat B, 36, Oakfield Road, Birmingham over the last 2 years.
The most recent example is 22, Oakfield Road, Birmingham, B12 9PW, a Freehold house which sold for £157,000 in Jul 2015.
Read more about house prices in B12.
Oakfield Road, Balsall Heath, Birmingham, B12 has a total of 140 addresses. According to our analysis of all the public data, Flat B, 36, Oakfield Road, Birmingham is the 97th largest and the 111th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in B12.
The closest station to Flat B, 36, Oakfield Road, Birmingham is Bordesley station which is 2.1 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 B, 36, Oakfield Road, Birmingham, 40.0% of property is privately owned outright and 27.1% is socially 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 B, 36, Oakfield Road, Birmingham, 25.1% of residents are recorded as possessing school level qualifications and 22.5% 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 B, 36, Oakfield Road, Birmingham, the average age was 36.6 and the most common age was 27.
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 B, 36, Oakfield Road, Birmingham, 0.2% 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 B, 36, Oakfield Road, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.