Apartment 13, Regency Place 50
Apartment 13, Regency Place 50
Description & Estimates
According to the public record, Apartment 13, Regency Place 50, Birmingham is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 13, Regency Place 50, Birmingham is £227,715 and the estimated rental value is £1,006 per month.
The apartment is within Regency Place, Parade, Birmingham, B1.
Parade, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
Our Data Sources
Apartment 13, Regency Place 50, Birmingham has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Apartment 13, Regency Place 50, Birmingham is in very good condition we estimate a sale value of £239,100 and a rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,775 and a rental value of £935 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 13, Regency Place 50, Birmingham has decreased by £16,881 (7.4%), while its estimated rental value has grown by £3 per month (0.3%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Apartment 13, Regency Place 50, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Apartment 13, Regency Place 50, Birmingham was last sold on 14th June 2019 for £249,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has dropped by 28.0%.
- Sold Jun 2019£249,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 13, Regency Place 50, Birmingham within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 29, Photographic Works 45, Camden Street, Birmingham, B1 3BP, a leasehold flat which sold for £15,000 on the 20th January 2023.
Read more about house prices in B1.
- Sold Jan 2023£15,000 | 2 Bed FlatPhotographic Works 45, Camden StreetApartment 29, Photographic Works 45, Camden Street, Birmingham, B1 3BP
- Sold Dec 2022£304,000 | 2 Bed FlatPhotographic Works 53, Camden StreetApartment 44, Photographic Works 53, Camden Street, Birmingham, B1 3BP
- Sold Dec 2022£280,000 | 2 Bed FlatPhotographic Works 41, Camden StreetApartment 12, Photographic Works 41, Camden Street, Birmingham, B1 3BP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Parade, Birmingham, B1 has a total of 158 addresses. According to our analysis of all the public data, Apartment 13, Regency Place 50, Birmingham is the 37th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B1.
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Schools Nearby
- 300mNelson Primary School
- 900mSt John's & St Peter's CofE Primary
- 900mBrookfields Primary School
- 300mJewellery Quarter Academy
- 1.1kmCity Academy
- 1.6kmNishkam High School
More reading links
Public Transport Nearby
The closest station to Apartment 13, Regency Place 50, Birmingham is Jewellery Quarter station, which is 800 metres away.
- 800mJewellery Quarter
- 900mBirmingham Snow Hill
- 1.0kmBirmingham New Street
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
