45, New Spring Street North
45, New Spring Street North
Description & Estimates
45, New Spring Street North, Birmingham is described in the public record as a mid-century house with 957 ft2 of internal area, sitting on a 139 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, New Spring Street North, Birmingham is £145,413 and its rental estimate is £725 per month, given the available information and assuming reasonable condition.
New Spring Street North, Birmingham, B18 falls within the B18 postal district, in the borough of Birmingham.
Our Data Sources
45, New Spring Street North, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated December 2017.
We combine this information with public data 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.
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 45, New Spring Street North, Birmingham, we estimate a market value of £152,684 and a rental value of £761 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,234 and £674 per month respectively.
Recent Market Change
Over the last year, 45, New Spring Street North, Birmingham has seen its estimated sale value decline by £7,653 (5.3%) and its estimated rental value climb by £6 per month (0.8%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 45, New Spring Street North, Birmingham as measuring 139 m2.
That makes it the 12th largest plot in the postcode, where 12 of the 18 other houses have recorded plot data.
Energy Efficiency
45, New Spring Street North, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, New Spring Street North, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2022, was 17, New Spring Street North, Birmingham, B18 7LB, a freehold house which sold for £224,000.
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
Of the 18 addresses on New Spring Street North, Birmingham, B18, 45, New Spring Street North, Birmingham comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £18k less expensive than the average property across the B18 district.
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Schools Nearby
- 400mBrookfields Primary School
- 600mSt Patrick and St Edmund's Catholic Primary School
- 900mBarford Primary School
- 900mJewellery Quarter Academy
- 1.3kmNishkam High School
- 1.4kmKing Edward VI Handsworth School
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Public Transport Nearby
From 45, New Spring Street North, Birmingham, the nearest station is Jewellery Quarter, 800 metres away.
- 800mJewellery Quarter
- 1.8kmBirmingham Snow Hill
- 2.2kmBirmingham New Street
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
