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According to the public record, Flat 2, 3, Vernon Road, Birmingham is a period apartment with 893 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 2, 3, Vernon Road, Birmingham is £299,261 and the estimated rental value is £1,388 per month.
The apartment is within 3, Vernon Road, Birmingham, B16.
Vernon Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 2, 3, Vernon Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated April 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.
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 2, 3, Vernon Road, Birmingham is in very good condition we estimate a sale value of £314,224 and a rental value of £1,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,313 and a rental value of £1,291 per month.
Over the last 12 months the sale value of Flat 2 3 Vernon Road Birmingham has decreased by an estimated £11,972 (4.0%) and its rental value has increased by an estimated £12 per month (0.9%), giving an expected gross yield of 5.6%.
Flat 2, 3, Vernon Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 3, Vernon Road, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, 7, York Road, Birmingham, B16 9HX, a leasehold flat which sold for £315,000 on the 29th November 2024.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, Birmingham, B16 has a total of 90 addresses. According to our analysis of all the public data, Flat 2, 3, Vernon Road, Birmingham is the 51st largest and the 48th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in B16.
The closest station to Flat 2, 3, Vernon Road, Birmingham is Five Ways station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 2, 3, Vernon Road, Birmingham, 57.5% of property is privately rented and 22.1% 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 2, 3, Vernon Road, Birmingham, 17.1% of residents are recorded as possessing school level qualifications and 55.5% 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 2, 3, Vernon Road, Birmingham, the average age was 37.5 and the most common age was 22.
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 2, 3, Vernon Road, Birmingham, 1.7% 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 2, 3, Vernon Road, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.