Apartment 2, 36
Apartment 2, 36
Description & Estimates
Apartment 2, 36, Spring Road, Birmingham is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 2, 36, Spring Road, Birmingham is £125,019 and its rental estimate is £568 per month, given the available information and assuming reasonable condition.
36, Spring Road is a residential building on Spring Road, Tyseley, Birmingham, B11 and falls within the B11 postal district and the borough of Birmingham.
Our Data Sources
Apartment 2, 36, Spring Road, Birmingham has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, 36, Spring Road, Birmingham, we estimate a market value of £131,270 and a rental value of £597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,268 and £528 per month respectively.
Recent Market Change
Over the last year, Apartment 2, 36, Spring Road, Birmingham has seen its estimated sale value climb by £648 (0.5%) and its estimated rental value rise by £4 per month (0.7%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Apartment 2, 36, Spring Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Apartment 2, 36, Spring Road, Birmingham completed on 11th June 2021 at £120,000 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 12.7% over the period since June 2021.
- Sold Jun 2021£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2, 36, Spring Road, Birmingham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th May 2023, was Apartment 3, 38, Spring Road, Birmingham, B11 3FQ, a leasehold flat which sold for £100,100.
Read more about house prices in B11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 125 addresses on Spring Road, Tyseley, Birmingham, B11, Apartment 2, 36, Spring Road, Birmingham comes out as the 55th largest and the 74th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the B11 district.
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Schools Nearby
- 300mAl-Furqan Primary School
- 300mThe Olive School, Birmingham
- 600mYarnfield Primary School
- 500mYardleys School
- 1.2kmNinestiles, an Academy
- 1.4kmMoseley School and Sixth Form
More reading links
Public Transport Nearby
From Apartment 2, 36, Spring Road, Birmingham, the nearest station is Spring Road, 700 metres away.
- 700mSpring Road
- 1.0kmTyseley
- 1.1kmHall Green
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
