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According to the public record, Flat 17, 463, Lichfield Road, Sutton Coldfield is a modern leasehold apartment with 678 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 17, 463, Lichfield Road, Sutton Coldfield is £209,527 and the estimated rental value is £1,058 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 17, 463, Lichfield Road, Sutton Coldfield has 41 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated June 2022.
We combine this information with that 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.
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 17, 463, Lichfield Road, Sutton Coldfield is in very good condition we estimate a sale value of £220,003 and a rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,860 and a rental value of £984 per month.
Over the last 12 months the sale value of Flat 17 463 Lichfield Road Sutton Coldfield has decreased by an estimated £86 (0.0%) and its rental value has increased by an estimated £27 per month (2.6%), giving an expected gross yield of 6.1%.
Flat 17, 463, Lichfield Road, Sutton Coldfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 17, 463, Lichfield Road, Sutton Coldfield was last sold on 16th July 2015 for £170,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2015, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, 463, Lichfield Road, Sutton Coldfield within a radius of 650 metres over the last 2 years.
The most recent example is Flat 10, 463, Lichfield Road, Sutton Coldfield, B74 4DJ, a leasehold flat which sold for £182,000 on the 22nd February 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 17, 463, Lichfield Road, Sutton Coldfield is the 567th largest and the 457th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in B74.
The closest station to Flat 17, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 17, 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 17, 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 17, 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 17, 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 17, 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.
