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Apartment 3, 10, Communication Row, Birmingham is recorded publicly as a modern leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 3, 10, Communication Row, Birmingham is £206,913 and its rental estimate is £959 per month, given the available information and assuming reasonable condition.
10, Communication Row is a residential building on Communication Row, Birmingham, B15 and falls within the B15 postal district and the borough of Birmingham.
Apartment 3, 10, Communication Row, Birmingham has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 3, 10, Communication Row, Birmingham, we estimate a market value of £217,259 and a rental value of £1,007 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,429 and £892 per month respectively.
Over the last year, Apartment 3, 10, Communication Row, Birmingham has seen its estimated sale value move down by £14,586 (7.0%) and its estimated rental value increase by £1 per month (0.1%). This results in an estimated gross rental yield of 5.6%.
Apartment 3, 10, Communication Row, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The most recent sale of Apartment 3, 10, Communication Row, Birmingham completed on 12th October 2020 at £241,751 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 26.7% over the period since October 2020.
Over the past 2 years 3 properties similar to Apartment 3, 10, Communication Row, Birmingham have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th October 2020, was Apartment 201, 10, Communication Row, Birmingham, B15 1DW, a leasehold flat which sold for £267,950.
Read more about house prices in B15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 224 addresses on Communication Row, Birmingham, B15, Apartment 3, 10, Communication Row, Birmingham comes out as the 98th largest and the 98th most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the B15 district.
From Apartment 3, 10, Communication Row, Birmingham, the nearest station is Five Ways, 300 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 3, 10, Communication Row, 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 3, 10, Communication Row, 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 3, 10, Communication Row, 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 3, 10, Communication Row, 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.