4, Newbank Grove
4, Newbank Grove
Description & Estimates
4, Newbank Grove, Birmingham is recorded publicly as a modern freehold house across 2,163 ft2 of internal area, sitting on a 222 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 4, Newbank Grove, Birmingham is £352,220 and its rental estimate is £1,446 per month, given the available information and assuming reasonable condition.
Newbank Grove, Birmingham, B9 falls within the B9 postal district, in the borough of Birmingham.
Our Data Sources
4, Newbank Grove, Birmingham has 21 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4, Newbank Grove, Birmingham, we estimate a market value of £369,831 and a rental value of £1,519 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,565 and £1,345 per month respectively.
Recent Market Change
Over the last year, 4, Newbank Grove, Birmingham has seen its estimated sale value move down by £12,829 (3.6%) and its estimated rental value decrease by £15 per month (1.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 4, Newbank Grove, Birmingham as measuring 222 m2.
That makes it the 8th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
4, Newbank Grove, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Newbank Grove, Birmingham completed on 30th September 2011 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 39.1% over the period since September 2011.
- Sold Sep 2011£195,000
- Sold Feb 2004£180,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 4, Newbank Grove, Birmingham has sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st May 2009, was 37, Finnemore Road, Birmingham, B9 5XN, a freehold house which sold for £170,000.
Read more about house prices in B9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Newbank Grove, Birmingham, B9, 4, Newbank Grove, Birmingham comes out as the largest and the most expensive in our analysis of the public data.
It is also £156k more expensive than the average property across the B9 district.
More reading links
Schools Nearby
- 300mBordesley Green Primary School
- 500mAlston Primary School
- 800mShaw Hill Primary School
- 500mSaltley Academy
- 600mWaverley Studio College
- 700mEden Boys' Leadership Academy, Birmingham East
More reading links
Public Transport Nearby
From 4, Newbank Grove, Birmingham, the nearest station is Adderley Park, 1.2 kilometres away.
- 1.2kmAdderley Park
- 1.9kmStechford
- 2.4kmDuddeston
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.
