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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 48, Binstead Road, Birmingham is £100,898 and the estimated rental value is £861 per month.
The apartment is within 48, Binstead Road, Birmingham, B44.
Binstead Road, Birmingham, B44 is located in the borough of Birmingham within the B44 postal district.
Flat 2, 48, Binstead Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated December 2016.
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, 48, Binstead Road, Birmingham is in very good condition we estimate a sale value of £105,943 and a rental value of £904 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,835 and a rental value of £800 per month.
Over the last 12 months the sale value of Flat 2 48 Binstead Road Birmingham has increased by an estimated £1,246 (1.2%) and its rental value has increased by an estimated £20 per month (2.4%), giving an expected gross yield of 10.2%.
Flat 2, 48, Binstead Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Dec 2016.
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 2 sales of properties similar to Flat 2, 48, Binstead Road, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 1, 6, Harringay Road, Birmingham, B44 0TU, a leasehold flat which sold for £66,000 on the 27th June 2019.
Read more about house prices in B44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Binstead Road, Birmingham, B44 has a total of 86 addresses. According to our analysis of all the public data, Flat 2, 48, Binstead Road, Birmingham is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in B44.
The closest station to Flat 2, 48, Binstead Road, Birmingham is Wylde Green station which is 3.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 48, Binstead Road, Birmingham, 35.7% of property is privately owned with a mortgage and 25.7% is socially rented.
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, 48, Binstead Road, Birmingham, 27.0% of residents are recorded as possessing school level qualifications and 16.3% 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, 48, Binstead Road, Birmingham, the average age was 35.5 and the most common age was 7.
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, 48, Binstead Road, Birmingham, 0.0% 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, 48, Binstead Road, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.