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In this area, apartments of this size normally have 3 bedrooms.
Apartment 11, Lightwell 61, Birmingham has an estimated sale value of £272,296 and an estimated rental value of £1,196 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lightwell, Cornwall Street, Birmingham, B3.
Cornwall Street, Birmingham, B3 lies in the borough of Birmingham, within the B3 postal district.
Apartment 11, Lightwell 61, Birmingham has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that 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.
In very good condition, we estimate Apartment 11, Lightwell 61, Birmingham would be worth £285,911, with a potential rental value of £1,256 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £253,235, with a rental value of £1,113 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 11, Lightwell 61, Birmingham has decreased by £21,007 (7.7%) over the last year. During the same period, its estimated monthly rental value has declined by £17 (1.4%). The property's estimated gross yield is currently 5.3%.
Apartment 11, Lightwell 61, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Apartment 11, Lightwell 61, Birmingham last changed hands on 12th February 2019, selling for £340,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 19.0% since February 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Apartment 11, Lightwell 61, Birmingham across the last 2 years.
Most recently, Apartment 74, Lightwell 71, Cornwall Street, Birmingham, B3 2EE, a leasehold flat, sold at £400,000 on the 17th June 2022.
Read more about house prices in B3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 11, Lightwell 61, Birmingham as the 19th largest and the 19th most expensive of the 111 addresses on Cornwall Street, Birmingham, B3.
Against the B3 postcode district average, it is £35k less expensive than the typical property.
Birmingham Snow Hill station is the nearest stop to Apartment 11, Lightwell 61, Birmingham at 200 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 11, Lightwell 61, Birmingham, % of property is and % is .
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 Apartment 11, Lightwell 61, Birmingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Apartment 11, Lightwell 61, 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 Apartment 11, Lightwell 61, Birmingham, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.