According to the public record, Apartment 523, Broadway 105, Birmingham is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Broadway, Broad Street, Birmingham, B15.
Broad Street, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Apartment 523, Broadway 105, Birmingham has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated June 2016.
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 reasonable condition, we estimate the current sale value for Apartment 523 Broadway 105 Birmingham as £210,737 and the rental value as £1,261 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Apartment 523 Broadway 105 Birmingham has increased by £10,434 (5.0%) and its rental value has increased by £39 per month (3.1%).
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 523, Broadway 105, Birmingham is in very good condition we estimate a sale value of £221,274 and rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,986 and a rental value of £1,173 per month.
If you were able to purchase this property for the estimated value of £210,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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 523, Broadway 105, Birmingham was last sold on 29 Apr 2019 for £206,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 523, Broadway 105, Birmingham within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 223, Broadway 105, Broad Street, Birmingham, B15 1BF, a Leasehold flat which sold for £185,000 in Sep 2020.
Read more about house prices in B15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Street, Birmingham, B15 has a total of 936 addresses. According to our analysis of all the public data, Apartment 523, Broadway 105, Birmingham is the 567th largest and the 334th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in B15.
Apartment 523, Broadway 105, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 523, Broadway 105, Birmingham is Five Ways station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 523, Broadway 105, Birmingham, 55.2% of property is socially rented and 19.2% 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 523, Broadway 105, Birmingham, 29.6% of residents are recorded as possessing school level qualifications and 32.0% 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 523, Broadway 105, 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 523, Broadway 105, 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 523, Broadway 105, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.