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According to the public record, 48, Mears Drive, Birmingham is a mid-century leasehold house with 1,216 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Mears Drive, Birmingham is £251,494 and the estimated rental value is £1,136 per month.
Mears Drive, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
48, Mears Drive, Birmingham has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated May 2022.
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.
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 48, Mears Drive, Birmingham is in very good condition we estimate a sale value of £264,069 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,889 and a rental value of £1,056 per month.
Over the last 12 months the sale value of 48 Mears Drive Birmingham has increased by an estimated £64 (0.0%) and its rental value has increased by an estimated £12 per month (1.1%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 48, Mears Drive, Birmingham sits on a plot of 198m2.
We have plot size data on 40 out of 40 other houses in the postcode and 48, Mears Drive, Birmingham sits on the 34th largest plot.
48, Mears Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 48, Mears Drive, Birmingham was last sold on 14th August 2023 for £240,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Mears Drive, Birmingham within a radius of 640 metres over the last 2 years.
The most recent example is 56, Rockland Drive, Birmingham, B33 9DJ, a leasehold house which sold for £260,000 on the 16th January 2023.
Read more about house prices in B33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mears Drive, Birmingham, B33 has a total of 40 addresses. According to our analysis of all the public data, 48, Mears Drive, Birmingham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in B33.
The closest station to 48, Mears Drive, Birmingham is Stechford station which is 500 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Mears Drive, Birmingham, 31.3% of property is privately owned outright and 26.8% 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 48, Mears Drive, Birmingham, 22.7% of residents are recorded as possessing school level qualifications and 33.4% 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 48, Mears Drive, Birmingham, the average age was 35.3 and the most common age was 2.
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 48, Mears Drive, 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 48, Mears Drive, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
