3, Park Hill Drive
3, Park Hill Drive
Description & Estimates
3, Park Hill Drive, Birmingham is recorded publicly as a modern freehold house across 1,377 ft2 of internal area, sitting on a 525 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Park Hill Drive, Birmingham is £523,475 and its rental estimate is £1,948 per month, given the available information and assuming reasonable condition.
Park Hill Drive, Birmingham, B20 falls within the B20 postal district, in the borough of Birmingham.
Our Data Sources
3, Park Hill Drive, Birmingham has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated August 2015.
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 3, Park Hill Drive, Birmingham, we estimate a market value of £549,648 and a rental value of £2,045 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £486,831 and £1,812 per month respectively.
Recent Market Change
Over the last year, 3, Park Hill Drive, Birmingham has seen its estimated sale value decrease by £4,510 (0.9%) and its estimated rental value grow by £28 per month (1.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 3, Park Hill Drive, Birmingham as measuring 525 m2.
That makes it the 3rd largest plot in the postcode, where 5 of the 16 other houses have recorded plot data.
Energy Efficiency
3, Park Hill Drive, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Aug 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Park Hill Drive, Birmingham completed on 26th February 2016 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 19.3% over the period since February 2016.
- Sold Feb 2016£365,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Park Hill Drive, Birmingham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2017, was 9, Park Hill Drive, Birmingham, B20 1DJ, a freehold house which sold for £350,000.
Read more about house prices in B20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Park Hill Drive, Birmingham, B20, 3, Park Hill Drive, Birmingham comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £310k more expensive than the average property across the B20 district.
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Schools Nearby
- 400mGrestone Academy
- 800mCherry Orchard Primary School
- 900mSt Teresa's Catholic Primary School
- 1.0kmKing Edward VI Handsworth Wood Girls' Academy
- 1.1kmHamstead Hall Academy
- 1.5kmSt John Wall Catholic School
More reading links
Public Transport Nearby
From 3, Park Hill Drive, Birmingham, the nearest station is Hamstead (Birmingham), 900 metres away.
- 900mHamstead (Birmingham)
- 2.1kmPerry Barr
- 2.9kmThe Hawthorns
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 very low, based on Environment Agency data.
