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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 23, Chip Close, Birmingham is £92,167 and the estimated rental value is £581 per month.
Chip Close, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
23, Chip Close, Birmingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2015.
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 23, Chip Close, Birmingham is in very good condition we estimate a sale value of £96,776 and a rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,715 and a rental value of £540 per month.
Over the last 12 months the sale value of 23 Chip Close Birmingham has decreased by an estimated £1,211 (1.3%) and its rental value has increased by an estimated £18 per month (3.2%), giving an expected gross yield of 7.6%.
23, Chip Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Chip Close, Birmingham was last sold on 7th July 2006 for £79,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Chip Close, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 88, Vardon Way, Birmingham, B38 8XY, a leasehold flat which sold for £87,500 on the 29th March 2018.
Read more about house prices in B38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chip Close, Birmingham, B38 has a total of 43 addresses. According to our analysis of all the public data, 23, Chip Close, Birmingham is the 40th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in B38.
The closest station to 23, Chip Close, Birmingham is Kings Norton station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 23, Chip Close, Birmingham, 61.8% of property is socially rented and 16.3% 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 23, Chip Close, Birmingham, 21.7% of residents are recorded as possessing school level qualifications and 17.8% 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 23, Chip Close, Birmingham, the average age was 37 and the most common age was 12.
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 23, Chip Close, Birmingham, 1.0% 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 23, Chip Close, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.