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41, Sovereign Heights, Birmingham is recorded publicly as a modern freehold house across 473 ft2 of internal area, sitting on a 106 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 41, Sovereign Heights, Birmingham is £168,431 and its rental estimate is £625 per month, given the available information and assuming reasonable condition.
Sovereign Heights, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
41, Sovereign Heights, Birmingham has 41 entries in the Land Registry , most recently in April 2015 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 41, Sovereign Heights, Birmingham, we estimate a market value of £176,853 and a rental value of £656 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £156,641 and £581 per month respectively.
Over the last year, 41, Sovereign Heights, Birmingham has seen its estimated sale value move up by £2,551 (1.5%) and its estimated rental value increase by £33 per month (5.4%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 41, Sovereign Heights, Birmingham as measuring 106 m2.
That makes it the 14th largest plot in the postcode, where 21 of the 34 other houses have recorded plot data.
41, Sovereign Heights, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 41, Sovereign Heights, Birmingham completed on 16th April 2015 at £90,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 99.4% over the period since April 2015.
Over the past 2 years 3 properties similar to 41, Sovereign Heights, Birmingham have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 30, Parkside Way, Birmingham, B31 5DZ, a freehold house which sold for £130,000.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Sovereign Heights, Birmingham, B31, 41, Sovereign Heights, Birmingham comes out as the 55th largest and the 58th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the B31 district.
From 41, Sovereign Heights, Birmingham, the nearest station is Longbridge, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Sovereign Heights, Birmingham, 41.3% of property is privately rented and 27.4% is privately owned with a mortgage.
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 41, Sovereign Heights, Birmingham, 25.0% of residents are recorded as possessing school level qualifications and 29.2% 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 41, Sovereign Heights, Birmingham, the average age was 38.1 and the most common age was 32.
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 41, Sovereign Heights, Birmingham, 0.0% 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 41, Sovereign Heights, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.