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According to the public record, 2, Mill Grove, Tamworth is a modern freehold house with 1,011 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, Mill Grove, Tamworth is £394,377 and the estimated rental value is £1,425 per month.
Mill Grove, Tamworth, B79 is located in the borough of Lichfield within the B79 postal district.
2, Mill Grove, Tamworth has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated February 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, Mill Grove, Tamworth is in very good condition we estimate a sale value of £414,096 and a rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,770 and a rental value of £1,326 per month.
Over the last 12 months the sale value of 2 Mill Grove Tamworth has decreased by an estimated £2,151 (0.5%) and its rental value has increased by an estimated £51 per month (3.6%), giving an expected gross yield of 4.3%.
2, Mill Grove, Tamworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 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, Mill Grove, Tamworth was last sold on 5th May 2023 for £374,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Grove, Tamworth within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 26, Barley Crescent, Tamworth, B79 0GD, a freehold house which sold for £369,995 on the 22nd September 2023.
Read more about house prices in B79.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Grove, Tamworth, B79 has a total of 21 addresses. According to our analysis of all the public data, 2, Mill Grove, Tamworth is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in B79.
The closest station to 2, Mill Grove, Tamworth is Tamworth station which is 1.6 kilometres 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, Mill Grove, Tamworth, 50.8% of property is privately owned outright and 31.8% 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, Mill Grove, Tamworth, 10.9% of residents are recorded as possessing school level qualifications and 33.3% 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, Mill Grove, Tamworth, the average age was 41.7 and the most common age was 27.
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, Mill Grove, Tamworth, 2.0% 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, Mill Grove, Tamworth, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
