According to the public record, Redhill Lodge, Birmingham is a period freehold house with 1,237 ft2 of internal area and sits on a 963 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redhill Road, Kings Norton, Birmingham, B38 is located in the borough of Bromsgrove within the B38 postal district.
Redhill Lodge, Birmingham has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated April 2016.
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 Redhill Lodge Birmingham as £423,420 and the rental value as £1,312 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Redhill Lodge Birmingham has increased by £11,780 (2.8%) and its rental value has increased by £17 per month (1.3%).
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 Redhill Lodge, Birmingham is in very good condition we estimate a sale value of £444,592 and rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,781 and a rental value of £1,221 per month.
If you were able to purchase this property for the estimated value of £423,420, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,081 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 data from HM Land Registry, Redhill Lodge, Birmingham sits on a plot of 963m2.
According to HM Land Registry, Redhill Lodge, Birmingham was last sold on 16 Feb 2017 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Redhill Lodge, Birmingham within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 460, Redhill Road, Birmingham, B38 9EL, a Freehold house which sold for £434,000 in Sep 2021.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redhill Road, Kings Norton, Birmingham, B38 has a total of 26 addresses. According to our analysis of all the public data, Redhill Lodge, Birmingham is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in B38.
Redhill Lodge, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Redhill Lodge, Birmingham is Kings Norton station which is 2.9 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 Redhill Lodge, Birmingham, 42.6% of property is privately owned outright and 33.5% is privately owned with a mortgage.
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 Redhill Lodge, Birmingham, 20.2% of residents are recorded as possessing school level qualifications and 30.9% 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 Redhill Lodge, Birmingham, the average age was 45.7 and the most common age was 57.
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 Redhill Lodge, Birmingham, 1.4% 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 Redhill Lodge, Birmingham, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.