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40 Spring Road is a residential building situated on Spring Road, Tyseley, Birmingham, B11 with 4 addresses.
It ranks as the 816th largest and 934th most expensive of the 1,011 buildings in the B11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
40 Spring Road is a residential building situated on Spring Road, Tyseley, Birmingham, B11 with 4 addresses.
It ranks as the 816th largest and 934th most expensive of the 1,011 buildings in the B11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £151,929 for 2 bedroom leasehold flats (624 ft2) to £156,486 for 2 bedroom leasehold flats (664 ft2) .
Monthly rental prices range from £591 pcm for 2 bed flats to £604 pcm for 2 bed flats.
The gross rental yield is between 4.6% and 4.7%.
The average value per square foot is £241.
The last sale in 40 Spring Road sold for £131,000 on 9th December 2021. Since then prices are up an average of 8.6%.
The current average value in the building is £153,994.
The 40 Spring Road Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £153,994 |
| May 2025 | 3.2% | £154,702 |
| May 2024 | -0.3% | £149,869 |
| May 2023 | 2.1% | £150,332 |
| May 2022 | 9.9% | £147,173 |
| May 2021 | 2.8% | £133,961 |
| May 2020 | 4.2% | £130,333 |
| May 2019 | 3.2% | £125,083 |
| May 2018 | 5.1% | £121,234 |
| May 2017 | 3.5% | £115,323 |
| May 2016 | 5.2% | £111,443 |
| May 2015 | 3.5% | £105,954 |
| May 2014 | 3.3% | £102,396 |
| May 2013 | 0.6% | £99,151 |
| May 2012 | -3.9% | £98,606 |
| May 2011 | -1.4% | £102,565 |
| May 2010 | 5.1% | £104,069 |
| May 2009 | -13.3% | £99,008 |
| May 2008 | -5.1% | £114,254 |
| May 2007 | 0% | £120,458 |
The current average rental value in the building is £597.
The 40 Spring Road Rental Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.9% | £597pcm |
| May 2025 | 1.5% | £592pcm |
| May 2024 | 7.6% | £583pcm |
| May 2023 | 8% | £542pcm |
| May 2022 | 7.7% | £502pcm |
| May 2021 | 1.1% | £466pcm |
| May 2020 | -0.4% | £461pcm |
| May 2019 | -1.3% | £462pcm |
| May 2018 | 0.4% | £469pcm |
| May 2017 | -0.1% | £467pcm |
| May 2016 | 3.8% | £468pcm |
| May 2015 | 3.9% | £450pcm |
| May 2014 | 3% | £434pcm |
| May 2013 | -0.6% | £421pcm |
| May 2012 | 0.1% | £423pcm |
| May 2011 | 3% | £423pcm |
| May 2010 | 1.4% | £410pcm |
| May 2009 | -3.3% | £405pcm |
| May 2008 | -0.3% | £419pcm |
| May 2007 | 0% | £420pcm |
The last sale was on 9th December 2021 for £131,000 and since then the market in the area has increased by 8.6%. The building has had a total of 5 sales since 1995.
40, Spring Road, Tyseley, Birmingham, B11 3FR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 40, Spring Road, Tyseley, Birmingham, B11 3FR is Spring Road station which is 600 metres away.
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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 40, Spring Road, Tyseley, Birmingham, B11 3FR, 37.2% of property is socially rented and 27.8% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands 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 40, Spring Road, Tyseley, Birmingham, B11 3FR, 40.3% of residents are recorded as possessing school level qualifications and 19.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Spring Road, Tyseley, Birmingham, B11 3FR, the average age was 33.2 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 40, Spring Road, Tyseley, Birmingham, B11 3FR, 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 40, Spring Road, Tyseley, Birmingham, B11 3FR, 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.