48, Old Mill Road
48, Old Mill Road
Description & Estimates
48, Old Mill Road, Birmingham is recorded publicly as a mid-century freehold house across 1,259 ft2 of internal area, sitting on a 401 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 48, Old Mill Road, Birmingham is £350,891 and its rental estimate is £1,460 per month, given the available information and assuming reasonable condition.
Old Mill Road, Coleshill, Birmingham, B46 falls within the B46 postal district, in the borough of North Warwickshire.
Our Data Sources
48, Old Mill Road, Birmingham has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated December 2017.
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.
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 48, Old Mill Road, Birmingham, we estimate a market value of £368,435 and a rental value of £1,533 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £326,328 and £1,358 per month respectively.
Recent Market Change
Over the last year, 48, Old Mill Road, Birmingham has seen its estimated sale value move down by £5,641 (1.6%) and its estimated rental value increase by £19 per month (1.3%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 48, Old Mill Road, Birmingham as measuring 401 m2.
That makes it the largest plot in the postcode, where 36 of the 39 other houses have recorded plot data.
Energy Efficiency
48, Old Mill Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Old Mill Road, Birmingham completed on 12th July 2024 at £385,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.5% over the period since July 2024.
- Sold Jul 2024£385,000
- Sold Feb 2018£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Old Mill Road, Birmingham have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 23, Kendal Avenue, Birmingham, B46 1BJ, a freehold house which sold for £340,000.
Read more about house prices in B46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Old Mill Road, Coleshill, Birmingham, B46, 48, Old Mill Road, Birmingham comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the B46 district.
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Schools Nearby
- 500mHigh Meadow Community School
- 900mColeshill Church of England Primary School
- 1.2kmSt Edward's Catholic Primary School
- 1.9kmThe Coleshill School
- 2.4kmSmith's Wood Academy
- 3.1kmWMG Academy for Young Engineers (Solihull)
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Public Transport Nearby
From 48, Old Mill Road, Birmingham, the nearest station is Coleshill Parkway, 1.6 kilometres away.
- 1.6kmColeshill Parkway
- 2.9kmWater Orton
- 5.0kmMarston Green
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
