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According to the public record, 83, Varley Road, Birmingham is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 943 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 83, Varley Road, Birmingham is £262,656 and the estimated rental value is £1,348 per month.
Varley Road, Birmingham, B24 is located in the borough of Birmingham within the B24 postal district.
83, Varley Road, Birmingham has 51 entries in the Land Registry , most recently in July 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 83, Varley Road, Birmingham is in very good condition we estimate a sale value of £275,789 and a rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,270 and a rental value of £1,254 per month.
Over the last 12 months the sale value of 83 Varley Road Birmingham has increased by an estimated £5,921 (2.3%) and its rental value has increased by an estimated £52 per month (3.8%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 83, Varley Road, Birmingham was last sold on 18th July 2014 for £129,950 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since July 2014, the market for similar properties has risen 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Varley Road, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 1, Hale Grove, Birmingham, B24 0NB, a freehold house which sold for £260,000 on the 30th November 2023.
Read more about house prices in B24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Varley Road, Birmingham, B24 has a total of 62 addresses. According to our analysis of all the public data, 83, Varley Road, Birmingham is the 17th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in B24.
The closest station to 83, Varley Road, Birmingham is Erdington station which is 2.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 83, Varley Road, Birmingham, 61.4% of property is socially rented and 15.0% 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 83, Varley Road, Birmingham, 20.2% of residents are recorded as possessing school level qualifications and 20.1% 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 83, Varley Road, 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 83, Varley 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 83, Varley Road, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
