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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 240, Wright Road, Birmingham is £142,715 and the estimated rental value is £786 per month.
Wright Road, Birmingham, B8 is located in the borough of Birmingham within the B8 postal district.
240, Wright Road, Birmingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 240, Wright Road, Birmingham is in very good condition we estimate a sale value of £149,851 and a rental value of £826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,725 and a rental value of £731 per month.
Over the last 12 months the sale value of 240 Wright Road Birmingham has decreased by an estimated £6,316 (4.4%) and its rental value has increased by an estimated £6 per month (0.7%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 240, Wright Road, Birmingham sits on a plot of 133m2.
We have plot size data on 17 out of 37 other houses in the postcode and 240, Wright Road, Birmingham sits on the 2nd largest plot.
240, Wright Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2021.
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, 240, Wright Road, Birmingham was last sold on 16th June 2006 for £97,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 240, Wright Road, Birmingham within a radius of 470 metres over the last 2 years.
The most recent example is 6, Nigel Road, Birmingham, B8 1PA, a freehold house which sold for £164,000 on the 20th May 2024.
Read more about house prices in B8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wright Road, Birmingham, B8 has a total of 243 addresses. According to our analysis of all the public data, 240, Wright Road, Birmingham is the 173rd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in B8.
The closest station to 240, Wright Road, Birmingham is Adderley Park station which is 1.3 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 240, Wright Road, Birmingham, 57.9% of property is socially rented and 20.6% 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 240, Wright Road, Birmingham, 26.6% of residents are recorded as possessing school level qualifications and 15.5% 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 240, Wright Road, Birmingham, the average age was 30.4 and the most common age was 17.
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 240, Wright 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 240, Wright Road, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.