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According to the public record, Flat 16, 463, Lichfield Road, Sutton Coldfield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 786 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, 463, Lichfield Road, Sutton Coldfield is £225,549 and the estimated rental value is £1,076 per month.
The apartment is within 463, Lichfield Road, Sutton Coldfield, B74.
Lichfield Road, Sutton Coldfield, B74 is located in the borough of Birmingham within the B74 postal district.
Flat 16, 463, Lichfield Road, Sutton Coldfield has 21 entries in the Land Registry , most recently in October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 Flat 16, 463, Lichfield Road, Sutton Coldfield is in very good condition we estimate a sale value of £236,826 and a rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,761 and a rental value of £1,001 per month.
Over the last 12 months the sale value of Flat 16 463 Lichfield Road Sutton Coldfield has decreased by an estimated £93 (0.0%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 5.7%.
According to HM Land Registry, Flat 16, 463, Lichfield Road, Sutton Coldfield was last sold on 31st October 2008 for £159,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2008, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, 463, Lichfield Road, Sutton Coldfield within a radius of 650 metres over the last 2 years.
The most recent example is Flat 17, 463, Lichfield Road, Sutton Coldfield, B74 4DJ, a leasehold flat which sold for £180,000 on the 30th April 2021.
Read more about house prices in B74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Road, Sutton Coldfield, B74 has a total of 817 addresses. According to our analysis of all the public data, Flat 16, 463, Lichfield Road, Sutton Coldfield is the 453rd largest and the 430th most expensive property on the street.
When compared to the postcode district it is £280k less expensive than the average property in B74.
The closest station to Flat 16, 463, Lichfield Road, Sutton Coldfield is Butlers Lane station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 16, 463, Lichfield Road, Sutton Coldfield, 46.0% of property is privately owned outright and 43.1% is privately owned with a mortgage.
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 Flat 16, 463, Lichfield Road, Sutton Coldfield, 22.8% of residents are recorded as possessing school level qualifications and 50.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 16, 463, Lichfield Road, Sutton Coldfield, the average age was 45.4 and the most common age was 52.
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 Flat 16, 463, Lichfield Road, Sutton Coldfield, 2.2% 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 Flat 16, 463, Lichfield Road, Sutton Coldfield, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
