502, 40
502, 40
Description & Estimates
502, 40, Windmill Street, Birmingham is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 502, 40, Windmill Street, Birmingham is £228,361 and its rental estimate is £941 per month, given the available information and assuming reasonable condition.
40, Windmill Street is a residential building on Windmill Street, Birmingham, B1 and falls within the B1 postal district and the borough of Birmingham.
Our Data Sources
502, 40, Windmill Street, Birmingham has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated May 2020.
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.
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 502, 40, Windmill Street, Birmingham, we estimate a market value of £239,779 and a rental value of £988 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £212,375 and £875 per month respectively.
Recent Market Change
Over the last year, 502, 40, Windmill Street, Birmingham has seen its estimated sale value move down by £13,906 (6.1%) and its estimated rental value increase by £1 per month (0.1%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
502, 40, Windmill Street, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 502, 40, Windmill Street, Birmingham completed on 24th July 2020 at £279,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.6% over the period since July 2020.
- Sold Jul 2020£279,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 502, 40, Windmill Street, Birmingham have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2023, was G12, 36, Windmill Street, Birmingham, B1 1FW, a leasehold flat which sold for £297,467.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 305 addresses on Windmill Street, Birmingham, B1, 502, 40, Windmill Street, Birmingham comes out as the 164th largest and the 58th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the B1 district.
More reading links
Schools Nearby
- 200mSt Catherine of Siena Catholic Primary School
- 200mSt Thomas Church of England Primary School
- 700mOasis Academy Woodview
- 300mCity Academy
- 1.1kmArk St Alban's Academy
- 1.4kmBirmingham Ormiston Academy
More reading links
Public Transport Nearby
From 502, 40, Windmill Street, Birmingham, the nearest station is Birmingham New Street, 600 metres away.
- 600mBirmingham New Street
- 800mFive Ways
- 900mBirmingham Moor Street
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
