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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Rodney Close, Birmingham is £121,563 and the estimated rental value is £753 per month.
The apartment is within 40, Rodney Close, Birmingham, B16.
Rodney Close, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
40, Rodney Close, Birmingham has a single entry in the Land Registry from January 2009 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 40, Rodney Close, Birmingham is in very good condition we estimate a sale value of £127,641 and a rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,054 and a rental value of £700 per month.
Over the last 12 months the sale value of 40 Rodney Close Birmingham has decreased by an estimated £4,863 (4.0%) and its rental value has increased by an estimated £7 per month (0.9%), giving an expected gross yield of 7.4%.
40, Rodney Close, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2024.
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, 40, Rodney Close, Birmingham was last sold on 22nd January 2009 for £68,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2009, the market for similar properties has risen 42.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Rodney Close, Birmingham within a radius of 430 metres over the last 2 years.
The most recent example is Flat 5, 33, Francis Road, Birmingham, B16 8SN, a leasehold flat which sold for £142,500 on the 23rd February 2023.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rodney Close, Birmingham, B16 has a total of 175 addresses. According to our analysis of all the public data, 40, Rodney Close, Birmingham is the 116th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in B16.
The closest station to 40, Rodney Close, Birmingham is Five Ways station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40, Rodney Close, Birmingham, 63.4% of property is socially rented and 16.1% is privately owned outright.
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 40, Rodney Close, Birmingham, 41.6% of residents are recorded as possessing school level qualifications and 14.5% 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 40, Rodney Close, Birmingham, the average age was 31 and the most common age was 22.
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 40, Rodney Close, Birmingham, 1.5% 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 40, Rodney Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.