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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 1, Varley Road, Birmingham is a modern leasehold house with 617 ft2 of internal area and sits on a 256 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, Varley Road, Birmingham is £231,452 and the estimated rental value is £1,226 per month.
Varley Road, Birmingham, B24 is located in the borough of Birmingham within the B24 postal district.
1, Varley Road, Birmingham has a single entry in the Land Registry from June 2009 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Varley Road, Birmingham is in very good condition we estimate a sale value of £243,025 and a rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,250 and a rental value of £1,140 per month.
Over the last 12 months the sale value of 1 Varley Road Birmingham has increased by an estimated £8,409 (3.6%) and its rental value has increased by an estimated £56 per month (4.5%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 1, Varley Road, Birmingham sits on a plot of 256m2.
We have plot size data on 8 out of 32 other houses in the postcode and 1, Varley Road, Birmingham sits on the 3rd largest plot.
1, Varley Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using SAP05:Main-Heating.
According to HM Land Registry, 1, Varley Road, Birmingham was last sold on 26th June 2009 for £175,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Varley Road, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is 35, Parktree Walk, Birmingham, B24 0UE, a leasehold house which sold for £222,500 on the 24th February 2023.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Varley Road, Birmingham, B24 has a total of 62 addresses. According to our analysis of all the public data, 1, Varley Road, Birmingham is the 54th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in B24.
The closest station to 1, Varley Road, Birmingham is Erdington station which is 1.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Varley Road, Birmingham, 39.4% of property is privately owned with a mortgage and 22.3% is privately owned outright.
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, Varley Road, Birmingham, 23.5% of residents are recorded as possessing school level qualifications and 30.2% 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, Varley Road, Birmingham, the average age was 39.5 and the most common age was 52.
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, Varley Road, Birmingham, 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 1, Varley Road, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
