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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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45, Tower Road, Birmingham is recorded publicly as a modern leasehold house across 699 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, Tower Road, Birmingham is £220,955 and its rental estimate is £1,248 per month, given the available information and assuming reasonable condition.
Tower Road, Erdington, Birmingham, B23 falls within the B23 postal district, in the borough of Birmingham.
45, Tower Road, Birmingham has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 45, Tower Road, Birmingham, we estimate a market value of £232,002 and a rental value of £1,310 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,488 and £1,161 per month respectively.
Over the last year, 45, Tower Road, Birmingham has seen its estimated sale value rise by £5,483 (2.5%) and its estimated rental value move up by £44 per month (3.5%). This results in an estimated gross rental yield of 6.8%.
45, Tower Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2016.
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 45, Tower Road, Birmingham completed on 11th February 2021 at £81,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 14.3% over the period since February 2021.
Over the past 2 years 3 properties similar to 45, Tower Road, Birmingham have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2024, was 45, Northcroft Way, Birmingham, B23 6GD, a freehold house which sold for £210,000.
Read more about house prices in B23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 94 addresses on Tower Road, Erdington, Birmingham, B23, 45, Tower Road, Birmingham comes out as the 29th largest and the 21st most expensive in our analysis of the public data.
It is also £14k more expensive than the average property across the B23 district.
From 45, Tower Road, Birmingham, the nearest station is Gravelly Hill, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 45, Tower Road, Birmingham, 63.4% of property is privately rented and 18.3% 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, Tower Road, Birmingham, 18.9% of residents are recorded as possessing school level qualifications and 34.1% 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, Tower Road, Birmingham, the average age was 36.3 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 45, Tower Road, 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, Tower Road, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
