Apartment 16, Regency Place 50
Apartment 16, Regency Place 50
Description & Estimates
Apartment 16, Regency Place 50, Birmingham is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 16, Regency Place 50, Birmingham is £229,426 and its rental estimate is £1,012 per month, given the available information and assuming reasonable condition.
Regency Place, Parade is a residential building on Parade, Birmingham, B1 and falls within the B1 postal district and the borough of Birmingham.
Our Data Sources
Apartment 16, 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
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 Apartment 16, Regency Place 50, Birmingham, we estimate a market value of £240,897 and a rental value of £1,063 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,366 and £941 per month respectively.
Recent Market Change
Over the last year, Apartment 16, Regency Place 50, Birmingham has seen its estimated sale value decrease by £17,007 (7.4%) and its estimated rental value grow by £3 per month (0.3%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Apartment 16, 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
The most recent sale of Apartment 16, Regency Place 50, Birmingham completed on 12th June 2019 at £249,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 28.0% over the period since June 2019.
- Sold Jun 2019£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 16, Regency Place 50, Birmingham have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2023, was Apartment 29, Photographic Works 45, Camden Street, Birmingham, B1 3BP, a leasehold flat which sold for £15,000.
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.
More reading links
Location Comparison
Of the 158 addresses on Parade, Birmingham, B1, Apartment 16, Regency Place 50, Birmingham comes out as the 24th largest and the 20th most expensive in our analysis of the public data.
It is also £66k more expensive than the average property across the B1 district.
More reading links
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
From Apartment 16, Regency Place 50, Birmingham, the nearest station is Jewellery Quarter, 800 metres away.
- 800mJewellery Quarter
- 900mBirmingham Snow Hill
- 1.0kmBirmingham New Street
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.
