2, Riverside Drive
2, Riverside Drive
Description & Estimates
2, Riverside Drive, Birmingham is recorded publicly as a modern leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Riverside Drive, Birmingham is £207,927 and its rental estimate is £608 per month, given the available information and assuming reasonable condition.
Riverside Drive, Selly Park, Birmingham, B29 falls within the B29 postal district, in the borough of Birmingham.
Our Data Sources
2, Riverside Drive, Birmingham has 21 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated March 2017.
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.
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, Riverside Drive, Birmingham, we estimate a market value of £218,323 and a rental value of £638 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £193,372 and £565 per month respectively.
Recent Market Change
Over the last year, 2, Riverside Drive, Birmingham has seen its estimated sale value decline by £2,209 (1.1%) and its estimated rental value climb by £10 per month (1.6%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
2, Riverside Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Riverside Drive, Birmingham completed on 27th June 2011 at £160,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.9% over the period since June 2011.
- Sold Jun 2011£160,000
- Sold Aug 2001£155,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Riverside Drive, Birmingham have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th November 2024, was 6, Riverside Drive, Birmingham, B29 7ES, a leasehold flat which sold for £245,000.
Read more about house prices in B29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Riverside Drive, Selly Park, Birmingham, B29, 2, Riverside Drive, Birmingham comes out as the 15th largest and the 16th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the B29 district.
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Schools Nearby
- 1.2kmSt Edward's Catholic Primary School
- 1.2kmMoor Green Primary Academy
- 1.2kmSS John and Monica Catholic Primary School
- 1.4kmSelly Park Girls' School
- 1.5kmQueensbridge School
- 2.0kmKing Edward VI Camp Hill School for Girls
More reading links
Public Transport Nearby
From 2, Riverside Drive, Birmingham, the nearest station is University (Birmingham), 1.7 kilometres away.
- 1.7kmUniversity (Birmingham)
- 1.8kmSelly Oak
- 2.5kmFive Ways
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 medium, based on Environment Agency data.
