Flat 3, 5
Flat 3, 5
Description & Estimates
According to the public record, Flat 3, 5, Florence Street, Birmingham is a modern leasehold apartment with 688 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 3, 5, Florence Street, Birmingham is £224,412 and the estimated rental value is £966 per month.
The apartment is within 5, Florence Street, Birmingham, B1.
Florence Street, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
Our Data Sources
Flat 3, 5, Florence Street, Birmingham has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 3, 5, Florence Street, Birmingham is in very good condition we estimate a sale value of £235,632 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,703 and a rental value of £898 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 5, Florence Street, Birmingham has moved down by £13,665 (6.1%), while its estimated rental value has increased by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 3, 5, Florence Street, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 3, 5, Florence Street, Birmingham was last sold on 19th July 2023 for £238,735 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has risen by 20.1%.
- Sold Jul 2023£238,735
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 5, Florence Street, Birmingham within a radius of 250 metres over the last 2 years.
The most recent example is Flat 31, 5, Florence Street, Birmingham, B1 1NX, a leasehold flat which sold for £335,000 on the 6th October 2023.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Florence Street, Birmingham, B1 has a total of 37 addresses. According to our analysis of all the public data, Flat 3, 5, Florence Street, Birmingham is the 22nd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in B1.
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Schools Nearby
- 200mSt Catherine of Siena Catholic Primary School
- 200mSt Thomas Church of England Primary School
- 700mOasis Academy Woodview
- 300mCity Academy
- 1.2kmArk St Alban's Academy
- 1.5kmJewellery Quarter Academy
More reading links
Public Transport Nearby
The closest station to Flat 3, 5, Florence Street, Birmingham is Birmingham New Street station, which is 600 metres away.
- 600mBirmingham New Street
- 700mFive Ways
- 1.0kmBirmingham Moor Street
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
