2, Out Wood Drive
2, Out Wood Drive
Description & Estimates
2, Out Wood Drive, Birmingham is described in the public record as a modern house with 979 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Out Wood Drive, Birmingham is £231,138 and its rental estimate is £817 per month, given the available information and assuming reasonable condition.
Out Wood Drive, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
Our Data Sources
2, Out Wood Drive, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
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 2, Out Wood Drive, Birmingham, we estimate a market value of £242,695 and a rental value of £857 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,958 and £759 per month respectively.
Recent Market Change
Over the last year, 2, Out Wood Drive, Birmingham has seen its estimated sale value fall by £734 (0.3%) and its estimated rental value move up by £23 per month (2.8%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
2, Out Wood Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2016.
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 3 properties similar to 2, Out Wood Drive, Birmingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 5, Great Farley Drive, Birmingham, B31 5HG, a freehold house which sold for £262,500.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Out Wood Drive, Birmingham, B31, 2, Out Wood Drive, Birmingham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £373 more expensive than the average property across the B31 district.
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Schools Nearby
- 800mThe Meadows Primary School
- 900mSt Columba's Catholic Primary School
- 900mColmers Farm Primary School
- 1.0kmColmers School and Sixth Form College
- 1.5kmTurves Green Boys' School
- 1.6kmKing Edward VI Northfield School for Girls
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Public Transport Nearby
From 2, Out Wood Drive, Birmingham, the nearest station is Longbridge, 1.0 kilometres away.
- 1.0kmLongbridge
- 1.9kmNorthfield
- 4.1kmKings Norton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
