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In this area, apartments of this size normally have 2 bedrooms.
56, Laurel Road, Birmingham has an estimated sale value of £100,477 and an estimated rental value of £522 per month, assuming reasonable condition and based on the information available.
Laurel Road, Handsworth, Birmingham, B21 lies in the borough of Birmingham, within the B21 postal district.
56, Laurel Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 56, Laurel Road, Birmingham would be worth £105,500, with a potential rental value of £548 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £93,443, with a rental value of £485 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56, Laurel Road, Birmingham has declined by £1,771 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £2 (0.4%). The property's estimated gross yield is currently 6.2%.
56, Laurel Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 56, Laurel Road, Birmingham across the last 2 years.
Most recently, 10, Laurel Road, Birmingham, B21 9PE, a leasehold flat, sold at £83,000 on the 17th April 2020.
Read more about house prices in B21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56, Laurel Road, Birmingham as the 45th largest and the 48th most expensive of the 70 addresses on Laurel Road, Handsworth, Birmingham, B21.
Against the B21 postcode district average, it is £113k less expensive than the typical property.
Hamstead (Birmingham) station is the nearest stop to 56, Laurel Road, Birmingham at 2.1 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Laurel Road, Birmingham, 38.9% of property is privately rented and 35.4% is socially rented.
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 56, Laurel Road, Birmingham, 18.9% of residents are recorded as possessing school level qualifications and 21.7% 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 56, Laurel Road, Birmingham, the average age was 35.8 and the most common age was 22.
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 56, Laurel 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 56, Laurel Road, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.