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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 57, Murrell Close, Birmingham is £166,843 and the estimated rental value is £843 per month.
Murrell Close, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
57, Murrell Close, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
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.
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 57, Murrell Close, Birmingham is in very good condition we estimate a sale value of £175,185 and a rental value of £885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,164 and a rental value of £784 per month.
Over the last 12 months the sale value of 57 Murrell Close Birmingham has decreased by an estimated £11,391 (6.8%) and its rental value has decreased by an estimated £0 per month (0.0%), giving an expected gross yield of 6.1%.
57, Murrell Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Murrell Close, Birmingham within a radius of 370 metres over the last 2 years.
The most recent example is Apartment 9, Smithfield House 22, Belgrave Middleway, Birmingham, B5 7FF, a leasehold flat which sold for £250,000 on the 29th July 2022.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murrell Close, Birmingham, B5 has a total of 130 addresses. According to our analysis of all the public data, 57, Murrell Close, Birmingham is the 104th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in B5.
The closest station to 57, Murrell Close, Birmingham is Five Ways station which is 1.1 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 57, Murrell Close, Birmingham, 74.8% of property is socially rented and 8.8% is privately owned outright.
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 57, Murrell Close, Birmingham, 35.7% of residents are recorded as possessing school level qualifications and 19.1% 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 57, Murrell Close, Birmingham, the average age was 30.3 and the most common age was 27.
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 57, Murrell Close, 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 57, Murrell Close, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.