18, Laurel Road
18, Laurel Road
Description & Estimates
18, Laurel Road, Birmingham is described in the public record as a mid-century apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 18, Laurel Road, Birmingham is £82,447 and its rental estimate is £425 per month, given the available information and assuming reasonable condition.
Laurel Road, Handsworth, Birmingham, B21 falls within the B21 postal district, in the borough of Birmingham.
Our Data Sources
18, Laurel Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated May 2018.
We combine this information with public data 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 18, Laurel Road, Birmingham, we estimate a market value of £86,569 and a rental value of £446 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,676 and £395 per month respectively.
Recent Market Change
Over the last year, 18, Laurel Road, Birmingham has seen its estimated sale value drop by £1,976 (2.4%) and its estimated rental value rise by £7 per month (1.7%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
18, Laurel Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 18, Laurel Road, Birmingham have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2020, was Rear Of 47, Stockwell Road, Birmingham, B21 9RL, a leasehold flat which sold for £135,000.
Read more about house prices in B21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 70 addresses on Laurel Road, Handsworth, Birmingham, B21, 18, Laurel Road, Birmingham comes out as the 69th largest and the 69th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the B21 district.
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Schools Nearby
- 300mRookery School
- 400mWilliam Murdoch Primary School
- 700mSt Augustine's Catholic Primary School
- 400mKing Edward VI Handsworth Wood Girls' Academy
- 900mKing Edward VI Handsworth Grammar School for Boys
- 1.2kmHolyhead School
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Public Transport Nearby
From 18, Laurel Road, Birmingham, the nearest station is Hamstead (Birmingham), 2.1 kilometres away.
- 2.1kmHamstead (Birmingham)
- 2.1kmThe Hawthorns
- 2.3kmPerry Barr
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
