388, Park Road
388, Park Road
Description & Estimates
The public record lists 388, Park Road, Birmingham as a leasehold house sitting on a 775 m2 plot.
Comparison with its neighbours suggests a period house with 1,152 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
388, Park Road, Birmingham has an estimated sale value of £102,533 and an estimated rental value of £523 per month, assuming reasonable condition and based on the information available.
Park Road, Hockley, Birmingham, B18 lies in the borough of Birmingham, within the B18 postal district.
Our Data Sources
388, Park Road, Birmingham has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 388, Park Road, Birmingham would be worth £107,659, with a potential rental value of £549 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £95,355, with a rental value of £486 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 388, Park Road, Birmingham has moved down by £6,620 (6.5%) over the last year. During the same period, its estimated monthly rental value has decreased by £2 (0.4%). The property's estimated gross yield is currently 6.1%.
Plot Size
388, Park Road, Birmingham occupies a 775 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
388, Park Road, Birmingham last changed hands on 30th April 2008, selling for £150,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 47.6% since April 2008.
- Sold Apr 2008£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 520 metres of 388, Park Road, Birmingham across the last 2 years.
Most recently, 13, Soho Road, Birmingham, B21 9SN, a freehold house, sold at £130,000 on the 31st March 2018.
Read more about house prices in B18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 388, Park Road, Birmingham as the 13th largest and the 70th most expensive of the 72 addresses on Park Road, Hockley, Birmingham, B18.
Against the B18 postcode district average, it is £61k less expensive than the typical property.
More reading links
Schools Nearby
- 200mOasis Academy Benson
- 400mSt Michael's CofE Primary Academy, Handsworth
- 500mNishkam Primary School Birmingham
- 700mKing Edward VI Handsworth School
- 900mKing Edward VI Handsworth Grammar School for Boys
- 900mWindsor Olympus Academy
More reading links
Public Transport Nearby
Jewellery Quarter station is the nearest stop to 388, Park Road, Birmingham at 1.4 kilometres away.
- 1.4kmJewellery Quarter
- 2.5kmBirmingham Snow Hill
- 2.5kmThe Hawthorns
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
