Flat 1, 4-5
Flat 1, 4-5
Description & Estimates
The public record describes Flat 1, 4-5, Mary Street, Birmingham as a modern apartment with 839 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 4-5, Mary Street, Birmingham has an estimated sale value of £240,808 and an estimated rental value of £1,061 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Mary Street, Birmingham, B3.
Mary Street, Birmingham, B3 lies in the borough of Birmingham, within the B3 postal district.
Our Data Sources
Flat 1, 4-5, Mary Street, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
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 Flat 1, 4-5, Mary Street, Birmingham would be worth £252,848, with a potential rental value of £1,114 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £223,951, with a rental value of £987 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 Flat 1, 4-5, Mary Street, Birmingham has declined by £20,113 (8.4%) over the last year. During the same period, its estimated monthly rental value has dropped by £12 (1.2%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
Flat 1, 4-5, Mary Street, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 1, 4-5, Mary Street, Birmingham across the last 2 years.
Most recently, Apartment 24, Miller 61, St. Pauls Square, Birmingham, B3 1QS, a leasehold flat, sold at £275,000 on the 6th September 2024.
Read more about house prices in B3.
- Sold Sep 2024£275,000 | 2 Bed FlatMiller 61, St. Pauls SquareApartment 24, Miller 61, St. Pauls Square, Birmingham, B3 1QS
- Sold May 2023£335,000 | 2 Bed FlatHeritage Court 15, Warstone LaneFlat 104, Heritage Court 15, Warstone Lane, Birmingham, B18 6HU
- Sold May 2022£230,000 | 2 Bed FlatOld Silver Works 54A, Spencer StreetFlat 16, Old Silver Works 54A, Spencer Street, Birmingham, B18 6JT
•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 Flat 1, 4-5, Mary Street, Birmingham as the 17th largest and the 13th most expensive of the 31 addresses on Mary Street, Birmingham, B3.
Against the B3 postcode district average, it is £66k less expensive than the typical property.
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Schools Nearby
- 500mSt George's Church of England Academy, Newtown
- 700mSt Chad's Catholic Primary School
- 800mBrookfields Primary School
- 600mJewellery Quarter Academy
- 1.0kmNishkam High School
- 1.4kmBirmingham Ormiston Academy
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Public Transport Nearby
Jewellery Quarter station is the nearest stop to Flat 1, 4-5, Mary Street, Birmingham at 500 metres away.
- 500mJewellery Quarter
- 700mBirmingham Snow Hill
- 1.2kmBirmingham New Street
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
