Apartment 39, Regency Place 50
Apartment 39, Regency Place 50
Description & Estimates
The public record describes Apartment 39, Regency Place 50, Birmingham as a modern apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 39, Regency Place 50, Birmingham has an estimated sale value of £194,701 and an estimated rental value of £874 per month, assuming reasonable condition and based on the information available.
The apartment sits within Regency Place, Parade, Birmingham, B1.
Parade, Birmingham, B1 lies in the borough of Birmingham, within the B1 postal district.
Our Data Sources
Apartment 39, Regency Place 50, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data 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
In very good condition, we estimate Apartment 39, Regency Place 50, Birmingham would be worth £204,436, with a potential rental value of £918 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £181,072, with a rental value of £813 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 39, Regency Place 50, Birmingham has decreased by £14,433 (7.4%) over the last year. During the same period, its estimated monthly rental value has grown by £3 (0.3%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
Apartment 39, 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Apartment 39, Regency Place 50, Birmingham across the last 2 years.
Most recently, Apartment 21, Photographic Works 45, Camden Street, Birmingham, B1 3BP, a leasehold flat, sold at £15,000 on the 20th December 2023.
Read more about house prices in B1.
- Sold Dec 2023£15,000 | 2 Bed FlatPhotographic Works 45, Camden StreetApartment 21, Photographic Works 45, Camden Street, Birmingham, B1 3BP
- Sold Feb 2023£229,500 | 2 Bed FlatPhotographic Works 45, Camden StreetApartment 16, Photographic Works 45, Camden Street, Birmingham, B1 3BP
- Sold Dec 2022£239,500 | 2 Bed FlatPhotographic Works 45, Camden StreetApartment 27, Photographic Works 45, Camden Street, Birmingham, B1 3BP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 39, Regency Place 50, Birmingham as the 74th largest and the 65th most expensive of the 158 addresses on Parade, Birmingham, B1.
Against the B1 postcode district average, it is £31k more expensive than the typical property.
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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
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Public Transport Nearby
Jewellery Quarter station is the nearest stop to Apartment 39, Regency Place 50, Birmingham at 800 metres away.
- 800mJewellery Quarter
- 900mBirmingham Snow Hill
- 1.0kmBirmingham New Street
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
