18A, Pennyacre Road
18A, Pennyacre Road
Description & Estimates
18A, Pennyacre Road, Birmingham is described in the public record as a mid-century apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 18A, Pennyacre Road, Birmingham is £63,358 and its rental estimate is £413 per month, given the available information and assuming reasonable condition.
18, Pennyacre Road is a residential building on Pennyacre Road, Birmingham, B14 and falls within the B14 postal district and the borough of Birmingham.
Our Data Sources
18A, Pennyacre Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
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.
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 18A, Pennyacre Road, Birmingham, we estimate a market value of £66,526 and a rental value of £433 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £58,923 and £384 per month respectively.
Recent Market Change
Over the last year, 18A, Pennyacre Road, Birmingham has seen its estimated sale value fall by £849 (1.3%) and its estimated rental value move up by £7 per month (1.6%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
18A, Pennyacre Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 18A, Pennyacre Road, Birmingham has sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2016, was Apartment 3, 61, Ratcliffe Avenue, Birmingham, B30 3NZ, a leasehold flat which sold for £115,000.
Read more about house prices in B14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on Pennyacre Road, Birmingham, B14, 18A, Pennyacre Road, Birmingham comes out as the 49th largest and the 49th most expensive in our analysis of the public data.
It is also £212k less expensive than the average property across the B14 district.
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Schools Nearby
- 300mThe Oaks Primary School
- 600mBells Farm Primary School
- 600mSt Jude's Catholic Primary School
- 2.2kmKings Heath Secondary School
- 2.5kmWheelers Lane Technology College
- 2.5kmChrist Church, Church of England Secondary Academy
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Public Transport Nearby
From 18A, Pennyacre Road, Birmingham, the nearest station is Kings Norton, 2.5 kilometres away.
- 2.5kmKings Norton
- 2.9kmBournville
- 3.4kmYardley Wood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
