Apartment 21, Lightwell 61
Apartment 21, Lightwell 61
Description & Estimates
According to the public record, Apartment 21, Lightwell 61, Birmingham is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 21, Lightwell 61, Birmingham is £239,464 and the estimated rental value is £1,052 per month.
The apartment is within Lightwell, Cornwall Street, Birmingham, B3.
Cornwall Street, Birmingham, B3 is located in the borough of Birmingham within the B3 postal district.
Our Data Sources
Apartment 21, Lightwell 61, Birmingham has a single entry in the Land Registry from April 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.
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 21, Lightwell 61, Birmingham is in very good condition we estimate a sale value of £251,437 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,702 and a rental value of £978 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 21, Lightwell 61, Birmingham has decreased by £20,001 (8.4%), while its estimated rental value has declined by £12 per month (1.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Apartment 21, 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.
Sold Prices
According to HM Land Registry, Apartment 21, Lightwell 61, Birmingham was last sold on 23rd April 2019 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2019, the market for similar properties has dropped by 16.2%.
- Sold Apr 2019£310,000
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 21, Lightwell 61, Birmingham within a radius of 370 metres over the last 2 years.
The most recent example is Apartment 70, Lightwell 71, Cornwall Street, Birmingham, B3 2EE, a leasehold flat which sold for £363,000 on the 16th August 2023.
Read more about house prices in B3.
- Sold Aug 2023£363,000 | 2 Bed FlatLightwell 71, Cornwall StreetApartment 70, Lightwell 71, Cornwall Street, Birmingham, B3 2EE
- Sold Mar 2019£284,000 | 2 Bed FlatLightwell 61, Cornwall StreetApartment 7, Lightwell 61, Cornwall Street, Birmingham, B3 2EE
- Sold Feb 2019£285,000 | 2 Bed FlatLightwell 61, Cornwall StreetApartment 28, Lightwell 61, Cornwall Street, Birmingham, B3 2EE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Cornwall Street, Birmingham, B3 has a total of 111 addresses. According to our analysis of all the public data, Apartment 21, Lightwell 61, Birmingham is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in B3.
More reading links
Schools Nearby
- 900mSt George's Church of England Academy, Newtown
- 900mNelson Primary School
- 1.1kmSt Chad's Catholic Primary School
- 900mJewellery Quarter Academy
- 1.0kmBirmingham Ormiston Academy
- 1.1kmCity Academy
More reading links
Public Transport Nearby
The closest station to Apartment 21, Lightwell 61, Birmingham is Birmingham Snow Hill station, which is 200 metres away.
- 200mBirmingham Snow Hill
- 500mBirmingham New Street
- 800mBirmingham Moor Street
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
