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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Spey Close, Birmingham is a mid-century leasehold house with 731 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Spey Close, Birmingham is £161,135 and the estimated rental value is £783 per month.
Spey Close, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
1, Spey Close, Birmingham has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated December 2015.
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.
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 1, Spey Close, Birmingham is in very good condition we estimate a sale value of £169,191 and a rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,855 and a rental value of £728 per month.
Over the last 12 months the sale value of 1 Spey Close Birmingham has decreased by an estimated £8,873 (5.5%) and its rental value has increased by an estimated £14 per month (1.8%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 1, Spey Close, Birmingham sits on a plot of 150m2.
We have plot size data on 2 out of 7 other houses in the postcode and 1, Spey Close, Birmingham sits on the largest plot.
1, Spey Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Spey Close, Birmingham was last sold on 21st January 2020 for £160,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since January 2020, the market for similar properties has dropped 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Spey Close, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 1, Sir Harrys Road, Birmingham, B5 7QH, a freehold house which sold for £278,680 on the 30th June 2021.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spey Close, Birmingham, B5 has a total of 15 addresses. According to our analysis of all the public data, 1, Spey Close, Birmingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in B5.
The closest station to 1, Spey Close, Birmingham is Five Ways station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Spey Close, Birmingham, 45.0% of property is privately rented and 27.5% is socially rented.
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 1, Spey Close, Birmingham, 27.1% of residents are recorded as possessing school level qualifications and 44.7% 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 1, Spey Close, Birmingham, the average age was 37.6 and the most common age was 22.
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 1, Spey Close, Birmingham, 0.4% 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 1, Spey Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
