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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Princess Road, Birmingham is £47,168 and the estimated rental value is £246 per month.
Princess Road, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
2, Princess Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
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 2, Princess Road, Birmingham is in very good condition we estimate a sale value of £49,526 and a rental value of £258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,866 and a rental value of £229 per month.
Over the last 12 months the sale value of 2 Princess Road Birmingham has decreased by an estimated £3,220 (6.8%) and its rental value has decreased by an estimated £0 per month (0.0%), giving an expected gross yield of 6.3%.
2, Princess Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2024.
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 2 sales of properties similar to 2, Princess Road, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is Apartment 9, Nye House 324, Sherlock Street, Birmingham, B5 7EQ, a leasehold flat which sold for £2,436,207 on the 11th December 2020.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Road, Birmingham, B5 has a total of 93 addresses. According to our analysis of all the public data, 2, Princess Road, Birmingham is the 79th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in B5.
The closest station to 2, Princess Road, Birmingham is Five Ways station which is 1.4 kilometres 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 2, Princess Road, Birmingham, 68.9% of property is socially rented and 12.8% is privately owned outright.
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, Princess Road, Birmingham, 27.9% of residents are recorded as possessing school level qualifications and 15.7% 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 2, Princess Road, Birmingham, the average age was 37.6 and the most common age was 22.
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, Princess 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, Princess Road, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.