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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
According to the public record, 45, Offenham Covert, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 542 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Offenham Covert, Birmingham is £88,436 and the estimated rental value is £576 per month.
Offenham Covert, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
45, Offenham Covert, Birmingham has a single entry in the Land Registry from February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 45, Offenham Covert, Birmingham is in very good condition we estimate a sale value of £92,858 and a rental value of £605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,246 and a rental value of £536 per month.
Over the last 12 months the sale value of 45 Offenham Covert Birmingham has decreased by an estimated £1,162 (1.3%) and its rental value has increased by an estimated £18 per month (3.2%), giving an expected gross yield of 7.8%.
According to HM Land Registry, 45, Offenham Covert, Birmingham was last sold on 9th February 2018 for £74,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 45, Offenham Covert, Birmingham over the last 2 years.
The most recent example is 37, Offenham Covert, Birmingham, B38 9TD, a freehold house which sold for £171,000 on the 5th September 2022.
Read more about house prices in B38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Offenham Covert, Birmingham, B38 has a total of 29 addresses. According to our analysis of all the public data, 45, Offenham Covert, Birmingham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in B38.
The closest station to 45, Offenham Covert, Birmingham is Kings Norton station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 45, Offenham Covert, Birmingham, 55.8% of property is socially rented and 25.0% 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 45, Offenham Covert, Birmingham, 34.1% of residents are recorded as possessing school level qualifications and 30.9% 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 45, Offenham Covert, Birmingham, the average age was 36.9 and the most common age was 12.
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 45, Offenham Covert, 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 45, Offenham Covert, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
