1, Palomino Place
1, Palomino Place
Description & Estimates
1, Palomino Place, Birmingham is recorded publicly as a mid-century freehold house across 947 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Palomino Place, Birmingham is £233,343 and its rental estimate is £931 per month, given the available information and assuming reasonable condition.
Palomino Place, Birmingham, B16 falls within the B16 postal district, in the borough of Birmingham.
Our Data Sources
1, Palomino Place, Birmingham has 21 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Palomino Place, Birmingham, we estimate a market value of £245,011 and a rental value of £977 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,009 and £865 per month respectively.
Recent Market Change
Over the last year, 1, Palomino Place, Birmingham has seen its estimated sale value decline by £8,777 (3.8%) and its estimated rental value climb by £3 per month (0.3%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
1, Palomino Place, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Palomino Place, Birmingham completed on 7th February 2011 at £158,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 2.7% over the period since February 2011.
- Sold Feb 2011£158,000
- Sold Aug 2004£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Palomino Place, Birmingham have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 31, Oliver Road, Birmingham, B16 9ER, a freehold house which sold for £320,000.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Palomino Place, Birmingham, B16, 1, Palomino Place, Birmingham comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the B16 district.
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Schools Nearby
- 300mThe Oratory Roman Catholic Primary School
- 600mSt John's & St Peter's CofE Primary
- 600mBarford Primary School
- 800mSt Paul's School for Girls
- 1.2kmJewellery Quarter Academy
- 1.8kmGeorge Dixon Academy
More reading links
Public Transport Nearby
From 1, Palomino Place, Birmingham, the nearest station is Five Ways, 1.5 kilometres away.
- 1.5kmFive Ways
- 1.7kmJewellery Quarter
- 2.2kmBirmingham Snow Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
