Apartment 401, Block 4
Apartment 401, Block 4
Description & Estimates
Apartment 401, Block 4, Birmingham is recorded publicly as a modern leasehold apartment across 1,184 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Apartment 401, Block 4, Birmingham is £300,727 and its rental estimate is £1,317 per month, given the available information and assuming reasonable condition.
Block, Mint Drive is a residential building on Mint Drive, Hockley, Birmingham, B18 and falls within the B18 postal district and the borough of Birmingham.
Our Data Sources
Apartment 401, Block 4, Birmingham has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated December 2021.
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 401, Block 4, Birmingham, we estimate a market value of £315,763 and a rental value of £1,383 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £279,676 and £1,225 per month respectively.
Recent Market Change
Over the last year, Apartment 401, Block 4, Birmingham has seen its estimated sale value fall by £21,122 (7.0%) and its estimated rental value move down by £16 per month (1.2%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Apartment 401, Block 4, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2021.
The property is connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Apartment 401, Block 4, Birmingham completed on 15th December 2023 at £280,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.8% over the period since December 2023.
- Sold Dec 2023£280,000
- Sold Sep 2016£335,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 401, Block 4, Birmingham have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2022, was 6E St. Michaels Court, Warstone Parade East, Birmingham, B18 6NR, a leasehold flat which sold for £375,000.
Read more about house prices in B18.
- Sold Jul 2022£375,000 | 3 Bed FlatWarstone Parade East6E St. Michaels Court, Warstone Parade East, Birmingham, B18 6NR
- Sold Dec 2016£340,000 | 3 Bed FlatBlock 4, Mint DriveApartment 411, Block 4, Mint Drive, Birmingham, B18 6EA
- Sold Sep 2016£355,000 | 3 Bed FlatBlock 4, Mint DriveApartment 403, Block 4, Mint Drive, Birmingham, B18 6EA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 205 addresses on Mint Drive, Hockley, Birmingham, B18, Apartment 401, Block 4, Birmingham comes out as the 2nd largest and the 6th most expensive in our analysis of the public data.
It is also £137k more expensive than the average property across the B18 district.
More reading links
Schools Nearby
- 200mBrookfields Primary School
- 800mNelson Primary School
- 900mSt George's Church of England Academy, Newtown
- 500mJewellery Quarter Academy
- 1.0kmNishkam High School
- 1.6kmKing Edward VI Handsworth School
More reading links
Public Transport Nearby
From Apartment 401, Block 4, Birmingham, the nearest station is Jewellery Quarter, 200 metres away.
- 200mJewellery Quarter
- 1.2kmBirmingham Snow Hill
- 1.7kmBirmingham New Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
