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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 402, 40, Windmill Street, Birmingham to be a modern leasehold apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
402, 40, Windmill Street, Birmingham has an estimated sale value of £228,361 and an estimated rental value of £941 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Windmill Street, Birmingham, B1.
Windmill Street, Birmingham, B1 lies in the borough of Birmingham, within the B1 postal district.
402, 40, Windmill Street, Birmingham has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated May 2020.
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.
In very good condition, we estimate 402, 40, Windmill Street, Birmingham would be worth £239,779, with a potential rental value of £988 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £212,375, with a rental value of £875 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 402, 40, Windmill Street, Birmingham has dropped by £13,906 (6.1%) over the last year. During the same period, its estimated monthly rental value has risen by £1 (0.1%). The property's estimated gross yield is currently 4.9%.
402, 40, Windmill Street, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
402, 40, Windmill Street, Birmingham last changed hands on 13th November 2020, selling for £257,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 18.4% since November 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of 402, 40, Windmill Street, Birmingham across the last 2 years.
Most recently, G12, 36, Windmill Street, Birmingham, B1 1FW, a leasehold flat, sold at £297,467 on the 16th March 2023.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 402, 40, Windmill Street, Birmingham as the 169th largest and the 63rd most expensive of the 305 addresses on Windmill Street, Birmingham, B1.
Against the B1 postcode district average, it is £65k more expensive than the typical property.
Birmingham New Street station is the nearest stop to 402, 40, Windmill Street, Birmingham at 600 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 402, 40, Windmill Street, Birmingham, 52.4% of property is privately rented and 25.7% is socially 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 402, 40, Windmill Street, Birmingham, 37.5% of residents are recorded as possessing school level qualifications and 59.5% 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 402, 40, Windmill Street, Birmingham, the average age was 31.7 and the most common age was 27.
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 402, 40, Windmill Street, Birmingham, 0.6% 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 402, 40, Windmill Street, Birmingham, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
