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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 248, Horseshoe Crescent, Birmingham is £142,562 and its rental estimate is £817 per month, given the available information and assuming reasonable condition.
Horseshoe Crescent, Birmingham, B43 falls within the B43 postal district, in the borough of Walsall.
248, Horseshoe Crescent, Birmingham has 3 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that 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.
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 248, Horseshoe Crescent, Birmingham, we estimate a market value of £149,690 and a rental value of £858 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,582 and £760 per month respectively.
Over the last year, 248, Horseshoe Crescent, Birmingham has seen its estimated sale value move down by £1,006 (0.7%) and its estimated rental value increase by £11 per month (1.3%). This results in an estimated gross rental yield of 6.9%.
248, Horseshoe Crescent, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 248, Horseshoe Crescent, Birmingham completed on 29th June 2021 at £150,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 17.3% over the period since June 2021.
Over the past 2 years 3 properties similar to 248, Horseshoe Crescent, Birmingham have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2022, was 284, Horseshoe Crescent, Birmingham, B43 7BJ, a leasehold flat which sold for £165,000.
Read more about house prices in B43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 220 addresses on Horseshoe Crescent, Birmingham, B43, 248, Horseshoe Crescent, Birmingham comes out as the 218th largest and the 207th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the B43 district.
From 248, Horseshoe Crescent, Birmingham, the nearest station is Hamstead (Birmingham), 2.9 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 248, Horseshoe Crescent, Birmingham, 44.2% of property is privately owned with a mortgage and 22.5% 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 248, Horseshoe Crescent, Birmingham, 19.9% of residents are recorded as possessing school level qualifications and 46.9% 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 248, Horseshoe Crescent, Birmingham, the average age was 42.1 and the most common age was 57.
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 248, Horseshoe Crescent, 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 248, Horseshoe Crescent, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.