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218, Arden Road, Birmingham is described in the public record as a mid-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 218, Arden Road, Birmingham is £68,209 and its rental estimate is £453 per month, given the available information and assuming reasonable condition.
Arden Road, Saltley, Birmingham, B8 falls within the B8 postal district, in the borough of Birmingham.
218, Arden Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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.
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 218, Arden Road, Birmingham, we estimate a market value of £71,620 and a rental value of £476 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £63,435 and £421 per month respectively.
Over the last year, 218, Arden Road, Birmingham has seen its estimated sale value fall by £1,856 (2.7%) and its estimated rental value move up by £6 per month (1.4%). This results in an estimated gross rental yield of 8.0%.
218, Arden Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 2 properties similar to 218, Arden Road, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2021, was 93, Arden Road, Birmingham, B8 1DE, a leasehold flat which sold for £120,000.
Read more about house prices in B8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 71 addresses on Arden Road, Saltley, Birmingham, B8, 218, Arden Road, Birmingham comes out as the 68th largest and the 71st most expensive in our analysis of the public data.
It is also £111k less expensive than the average property across the B8 district.
From 218, Arden Road, Birmingham, the nearest station is Adderley Park, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 218, Arden Road, Birmingham, 28.9% of property is privately owned outright and 27.8% is privately rented.
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 218, Arden Road, Birmingham, 34.1% of residents are recorded as possessing school level qualifications and 21.9% 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 218, Arden Road, Birmingham, the average age was 30.5 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 218, Arden 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 218, Arden Road, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.