Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Apartment 60, Regency Place 50, Birmingham is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 60, Regency Place 50, Birmingham is £229,426 and its rental estimate is £1,012 per month, given the available information and assuming reasonable condition.
Regency Place, Parade is a residential building on Parade, Birmingham, B1 and falls within the B1 postal district and the borough of Birmingham.
Apartment 60, Regency Place 50, Birmingham has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that 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.
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 60, Regency Place 50, Birmingham, we estimate a market value of £240,897 and a rental value of £1,063 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,366 and £941 per month respectively.
Over the last year, Apartment 60, Regency Place 50, Birmingham has seen its estimated sale value fall by £17,007 (7.4%) and its estimated rental value move up by £3 per month (0.3%). This results in an estimated gross rental yield of 5.3%.
Apartment 60, 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.
The most recent sale of Apartment 60, Regency Place 50, Birmingham completed on 3rd June 2019 at £282,450 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 28.0% over the period since June 2019.
Over the past 2 years 3 properties similar to Apartment 60, Regency Place 50, Birmingham have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2023, was Apartment 29, Photographic Works 45, Camden Street, Birmingham, B1 3BP, a leasehold flat which sold for £15,000.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 158 addresses on Parade, Birmingham, B1, Apartment 60, Regency Place 50, Birmingham comes out as the 21st largest and the 17th most expensive in our analysis of the public data.
It is also £66k more expensive than the average property across the B1 district.
From Apartment 60, Regency Place 50, Birmingham, the nearest station is Jewellery Quarter, 800 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 60, Regency Place 50, 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 60, Regency Place 50, 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 60, Regency Place 50, 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 60, Regency Place 50, 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.
