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According to the public record, 2, Cold Lands Road, Birmingham is a modern freehold house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cold Lands Road, Birmingham is £368,139 and the estimated rental value is £1,377 per month.
Cold Lands Road, Birmingham, B28 is located in the borough of Birmingham within the B28 postal district.
2, Cold Lands Road, Birmingham has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, Cold Lands Road, Birmingham is in very good condition we estimate a sale value of £386,546 and a rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,370 and a rental value of £1,281 per month.
Over the last 12 months the sale value of 2 Cold Lands Road Birmingham has increased by an estimated £3,246 (0.9%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 4.5%.
2, Cold Lands Road, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cold Lands Road, Birmingham was last sold on 27th April 2023 for £369,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cold Lands Road, Birmingham within a radius of 470 metres over the last 2 years.
The most recent example is 10, Shaftmoor Farm Road, Birmingham, B28 8EN, a freehold house which sold for £350,000 on the 29th June 2023.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cold Lands Road, Birmingham, B28 has a total of 6 addresses. According to our analysis of all the public data, 2, Cold Lands Road, Birmingham is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in B28.
The closest station to 2, Cold Lands Road, Birmingham is Spring Road station which is 200 metres away.
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 2, Cold Lands Road, Birmingham, 33.6% of property is privately owned outright and 33.6% 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 2, Cold Lands Road, Birmingham, 33.9% of residents are recorded as possessing school level qualifications and 28.2% 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 2, Cold Lands Road, Birmingham, the average age was 33.2 and the most common age was 7.
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 2, Cold Lands 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 2, Cold Lands Road, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.