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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Chelsea Drive, Sutton Coldfield is £439,222 and the estimated rental value is £2,265 per month.
Chelsea Drive, Sutton Coldfield, B74 is located in the borough of Birmingham within the B74 postal district.
8, Chelsea Drive, Sutton Coldfield has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Chelsea Drive, Sutton Coldfield is in very good condition we estimate a sale value of £461,183 and a rental value of £2,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,477 and a rental value of £2,107 per month.
Over the last 12 months the sale value of 8 Chelsea Drive Sutton Coldfield has increased by an estimated £4,162 (0.9%) and its rental value has increased by an estimated £74 per month (3.3%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 8, Chelsea Drive, Sutton Coldfield sits on a plot of 353m2.
We have plot size data on 25 out of 27 other houses in the postcode and 8, Chelsea Drive, Sutton Coldfield sits on the 11th largest plot.
8, Chelsea Drive, Sutton Coldfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Aug 2023.
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, 8, Chelsea Drive, Sutton Coldfield was last sold on 3rd September 1999 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chelsea Drive, Sutton Coldfield within a radius of 630 metres over the last 2 years.
The most recent example is 22, Chelsea Drive, Sutton Coldfield, B74 4UG, a freehold house which sold for £450,000 on the 2nd April 2024.
Read more about house prices in B74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsea Drive, Sutton Coldfield, B74 has a total of 27 addresses. According to our analysis of all the public data, 8, Chelsea Drive, Sutton Coldfield is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in B74.
The closest station to 8, Chelsea Drive, Sutton Coldfield is Butlers Lane station which is 600 metres 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 8, Chelsea Drive, Sutton Coldfield, 38.7% of property is privately owned outright and 37.9% 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 8, Chelsea Drive, Sutton Coldfield, 25.7% of residents are recorded as possessing school level qualifications and 39.8% 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 8, Chelsea Drive, Sutton Coldfield, the average age was 43.6 and the most common age was 7.
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 8, Chelsea Drive, Sutton Coldfield, 1.3% 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 8, Chelsea Drive, Sutton Coldfield, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.