9, Rosewood Drive
9, Rosewood Drive
Description & Estimates
9, Rosewood Drive, Birmingham appears in the public record as a leasehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 586 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 9, Rosewood Drive, Birmingham is £81,493 and its rental estimate is £643 per month, given the available information and assuming reasonable condition.
Rosewood Drive, Birmingham, B23 falls within the B23 postal district, in the borough of Birmingham.
Our Data Sources
9, Rosewood Drive, Birmingham has 41 entries in the Land Registry , most recently in June 2018 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 9, Rosewood Drive, Birmingham, we estimate a market value of £85,568 and a rental value of £675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,788 and £598 per month respectively.
Recent Market Change
Over the last year, 9, Rosewood Drive, Birmingham has seen its estimated sale value climb by £2,961 (3.6%) and its estimated rental value rise by £29 per month (4.5%). This results in an estimated gross rental yield of 9.5%.
Sold Prices
The most recent sale of 9, Rosewood Drive, Birmingham completed on 18th June 2018 at £50,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 207.3% over the period since June 2018.
- Sold Jun 2018£50,000
- Sold Jan 2015£55,000
- Sold May 2012£54,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 9, Rosewood Drive, Birmingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st June 2016, was 11, Rosewood Drive, Birmingham, B23 7QD, a leasehold house which sold for £50,000.
Read more about house prices in B23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Rosewood Drive, Birmingham, B23, 9, Rosewood Drive, Birmingham comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the B23 district.
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Schools Nearby
- 100mSlade Primary School
- 600mSS Mary & John Catholic Primary School
- 1.1kmBrookvale Primary School
- 1.0kmStockland Green School
- 1.4kmErdington Academy
- 2.2kmKing Edward VI Aston School
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Public Transport Nearby
From 9, Rosewood Drive, Birmingham, the nearest station is Gravelly Hill, 400 metres away.
- 400mGravelly Hill
- 1.4kmAston
- 1.8kmWitton (West Midlands)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
