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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 7, Cedar Drive, Birmingham is £355,381 and the estimated rental value is £1,642 per month.
Cedar Drive, Birmingham, B24 is located in the borough of Birmingham within the B24 postal district.
7, Cedar Drive, Birmingham has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated June 2017.
We combine this information with that 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 7, Cedar Drive, Birmingham is in very good condition we estimate a sale value of £373,150 and a rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,505 and a rental value of £1,527 per month.
Over the last 12 months the sale value of 7 Cedar Drive Birmingham has increased by an estimated £4,439 (1.2%) and its rental value has increased by an estimated £41 per month (2.5%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, Cedar Drive, Birmingham sits on a plot of 661m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Cedar Drive, Birmingham sits on the 2nd largest plot.
7, Cedar Drive, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Jun 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Cedar Drive, Birmingham was last sold on 8th November 2017 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2017, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cedar Drive, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 6, Chestnut Drive, Birmingham, B24 0DN, a freehold house which sold for £390,000 on the 23rd February 2024.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Drive, Birmingham, B24 has a total of 8 addresses. According to our analysis of all the public data, 7, Cedar Drive, Birmingham is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in B24.
The closest station to 7, Cedar Drive, Birmingham is Erdington station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Cedar Drive, Birmingham, 48.2% of property is privately owned outright and 45.2% 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 7, Cedar Drive, Birmingham, 18.3% of residents are recorded as possessing school level qualifications and 40.2% 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 7, Cedar Drive, Birmingham, the average age was 39.5 and the most common age was 52.
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 7, Cedar Drive, Birmingham, 0.6% 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 7, Cedar Drive, Birmingham, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.