According to the public record, Apartment 405, 12, Communication Row, Birmingham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 12, Communication Row, Birmingham, B15.
Communication Row, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Apartment 405, 12, Communication Row, Birmingham has a single entry in the Land Registry database from April 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Apartment 405 12 Communication Row Birmingham as £264,409 and the rental value as £1,484 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 405 12 Communication Row Birmingham has increased by £9,104 (3.4%) and its rental value has increased by £25 per month (1.7%).
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 405, 12, Communication Row, Birmingham is in very good condition we estimate a sale value of £277,629 and rental value of £1,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,900 and a rental value of £1,380 per month.
If you were able to purchase this property for the estimated value of £264,409, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,299 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Apartment 405, 12, Communication Row, Birmingham was last sold on 16 Apr 2020 for £293,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 405, 12, Communication Row, Birmingham within a radius of 240 metres over the last 2 years.
The most recent example is Apartment 503, 10, Communication Row, Birmingham, B15 1DW, a Leasehold flat which sold for £316,450 in Sep 2020.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Communication Row, Birmingham, B15 has a total of 138 addresses. According to our analysis of all the public data, Apartment 405, 12, Communication Row, Birmingham is the 28th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in B15.
Apartment 405, 12, Communication Row, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 405, 12, Communication Row, Birmingham is Five Ways station which is 300 metres away.
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 405, 12, Communication Row, Birmingham, 48.2% of property is privately owned with a mortgage and 24.4% is privately rented.
The graph below shows how this compares to Greater London 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 405, 12, Communication Row, Birmingham, 31.5% of residents are recorded as possessing school level qualifications and 56.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 405, 12, Communication Row, Birmingham, the average age was 31 and the most common age was 22.
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 405, 12, Communication Row, Birmingham, 0.2% 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 405, 12, Communication Row, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.