Flat 1, 45
Flat 1, 45
Description & Estimates
Flat 1, 45, Parkfield Road, Birmingham is described in the public record as a modern apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 45, Parkfield Road, Birmingham is £142,479 and its rental estimate is £755 per month, given the available information and assuming reasonable condition.
45, Parkfield Road is a residential building on Parkfield Road, Coleshill, Birmingham, B46 and falls within the B46 postal district and the borough of North Warwickshire.
Our Data Sources
Flat 1, 45, Parkfield Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 Flat 1, 45, Parkfield Road, Birmingham, we estimate a market value of £149,603 and a rental value of £792 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,506 and £702 per month respectively.
Recent Market Change
Over the last year, Flat 1, 45, Parkfield Road, Birmingham has seen its estimated sale value fall by £2,047 (1.4%) and its estimated rental value move up by £15 per month (2.0%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 1, 45, Parkfield Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 45, Parkfield Road, Birmingham have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th October 2020, was Flat 3, 45, Parkfield Road, Birmingham, B46 3LD, a leasehold flat which sold for £270,000.
Read more about house prices in B46.
- Sold Oct 2020£270,000 | 2 Bed Flat45, Parkfield RoadFlat 3, 45, Parkfield Road, Birmingham, B46 3LD
- Sold Jul 2017£118,000 | 2 Bed Flat58-60, Coventry RoadFlat 3, 58-60, Coventry Road, Birmingham, B46 3EE
- Sold Feb 2017£130,000 | 2 Bed FlatBirmingham Road18 Park Court, Birmingham Road, Birmingham, B46 1AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 87 addresses on Parkfield Road, Coleshill, Birmingham, B46, Flat 1, 45, Parkfield Road, Birmingham comes out as the 87th largest and the 82nd most expensive in our analysis of the public data.
It is also £182k less expensive than the average property across the B46 district.
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Schools Nearby
- 300mColeshill Church of England Primary School
- 600mSt Edward's Catholic Primary School
- 1.1kmHigh Meadow Community School
- 1.3kmThe Coleshill School
- 2.6kmSmith's Wood Academy
- 2.9kmWMG Academy for Young Engineers (Solihull)
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Public Transport Nearby
From Flat 1, 45, Parkfield Road, Birmingham, the nearest station is Coleshill Parkway, 2.2 kilometres away.
- 2.2kmColeshill Parkway
- 3.4kmWater Orton
- 4.7kmMarston Green
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.
