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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Mere Drive, Sutton Coldfield is £76,563 and the estimated rental value is £504 per month.
Mere Drive, Sutton Coldfield, B75 is located in the borough of Birmingham within the B75 postal district.
18, Mere Drive, Sutton Coldfield has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
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.
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 18, Mere Drive, Sutton Coldfield is in very good condition we estimate a sale value of £80,391 and a rental value of £529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,204 and a rental value of £468 per month.
Over the last 12 months the sale value of 18 Mere Drive Sutton Coldfield has decreased by an estimated £152 (0.2%) and its rental value has increased by an estimated £14 per month (2.8%), giving an expected gross yield of 7.9%.
18, Mere Drive, Sutton Coldfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 630 metres radius of 18, Mere Drive, Sutton Coldfield over the last 2 years.
The most recent example is 13, Cremorne Road, Sutton Coldfield, B75 5AH, a freehold house which sold for £315,000 on the 28th June 2019.
Read more about house prices in B75.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Drive, Sutton Coldfield, B75 has a total of 31 addresses. According to our analysis of all the public data, 18, Mere Drive, Sutton Coldfield is the 26th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in B75.
The closest station to 18, Mere Drive, Sutton Coldfield is Four Oaks station which is 700 metres 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 18, Mere Drive, Sutton Coldfield, 35.6% of property is privately owned outright and 30.3% 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 18, Mere Drive, Sutton Coldfield, 20.1% of residents are recorded as possessing school level qualifications and 45.7% 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 18, Mere Drive, Sutton Coldfield, the average age was 45.4 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 18, Mere Drive, Sutton Coldfield, 3.0% 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 18, Mere Drive, Sutton Coldfield, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.