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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Apartment 2, Regency Place 50, Birmingham is a modern leasehold apartment with 527 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 2, Regency Place 50, Birmingham is £198,617 and the estimated rental value is £890 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.
Apartment 2, 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.
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 2, Regency Place 50, Birmingham is in very good condition we estimate a sale value of £208,548 and a rental value of £935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,714 and a rental value of £828 per month.
Over the last 12 months the sale value of Apartment 2 Regency Place 50 Birmingham has decreased by an estimated £14,723 (7.4%) and its rental value has increased by an estimated £3 per month (0.3%), giving an expected gross yield of 5.4%.
Apartment 2, 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.
According to HM Land Registry, Apartment 2, Regency Place 50, Birmingham was last sold on 13th June 2019 for £179,950 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 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Regency Place 50, Birmingham within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 21, Photographic Works 45, Camden Street, Birmingham, B1 3BP, a leasehold flat which sold for £15,000 on the 20th December 2023.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parade, Birmingham, B1 has a total of 158 addresses. According to our analysis of all the public data, Apartment 2, Regency Place 50, Birmingham is the 67th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in B1.
The closest station to Apartment 2, Regency Place 50, Birmingham is Jewellery Quarter station which is 800 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, Regency Place 50, 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 2, Regency Place 50, 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 2, Regency Place 50, 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 2, Regency Place 50, 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.
