Flat 1, 62
Flat 1, 62
Description & Estimates
Flat 1, 62, Speedwell Road, Birmingham is described in the public record as a period apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 62, Speedwell Road, Birmingham is £82,220 and its rental estimate is £606 per month, given the available information and assuming reasonable condition.
62, Speedwell Road is a residential building on Speedwell Road, Yardley, Birmingham, B25 and falls within the B25 postal district and the borough of Birmingham.
Our Data Sources
Flat 1, 62, Speedwell Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 62, Speedwell Road, Birmingham, we estimate a market value of £86,331 and a rental value of £637 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,465 and £564 per month respectively.
Recent Market Change
Over the last year, Flat 1, 62, Speedwell Road, Birmingham has seen its estimated sale value drop by £427 (0.5%) and its estimated rental value rise by £11 per month (1.8%). This results in an estimated gross rental yield of 8.9%.
Energy Efficiency
Flat 1, 62, Speedwell Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 62, Speedwell Road, Birmingham have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2022, was 1096, Coventry Road, Birmingham, B25 8DT, a leasehold flat which sold for £265,500.
Read more about house prices in B25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 67 addresses on Speedwell Road, Yardley, Birmingham, B25, Flat 1, 62, Speedwell Road, Birmingham comes out as the 63rd largest and the 65th most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the B25 district.
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Schools Nearby
- 300mRedhill Primary School
- 700mHoly Family Catholic Primary School
- 700mSt Benedict's Primary School
- 1.3kmYardleys School
- 1.3kmEden Girls' Leadership Academy, Birmingham
- 1.6kmArk Boulton Academy
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Public Transport Nearby
From Flat 1, 62, Speedwell Road, Birmingham, the nearest station is Tyseley, 800 metres away.
- 800mTyseley
- 1.5kmSmall Heath
- 1.9kmAcocks 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.
