Flat 3, Farthing Place 46
Flat 3, Farthing Place 46
Description & Estimates
According to the public record, Flat 3, Farthing Place 46, Birmingham is a modern leasehold apartment with 904 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, Farthing Place 46, Birmingham is £141,116 and the estimated rental value is £724 per month.
The apartment is within Farthing Place, Newhall Hill, Birmingham, B1.
Newhall Hill, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
Our Data Sources
Flat 3, Farthing Place 46, Birmingham has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Farthing Place 46, Birmingham is in very good condition we estimate a sale value of £148,172 and a rental value of £760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,238 and a rental value of £673 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Farthing Place 46, Birmingham has fallen by £8,593 (6.1%), while its estimated rental value has moved up by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 3, Farthing Place 46, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 3, Farthing Place 46, Birmingham was last sold on 24th March 2023 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2023, the market for similar properties has dropped by 35.9%.
- Sold Mar 2023£185,000
- Sold Oct 2003£139,000
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, Farthing Place 46, Birmingham within a radius of 280 metres over the last 2 years.
The most recent example is Flat 28, Sterling Court 48, Newhall Hill, Birmingham, B1 3JN, a leasehold flat which sold for £160,000 on the 22nd October 2021.
Read more about house prices in B1.
- Sold Oct 2021£160,000 | 2 Bed FlatSterling Court 48, Newhall HillFlat 28, Sterling Court 48, Newhall Hill, Birmingham, B1 3JN
- Sold Aug 2019£163,000 | 2 Bed FlatFarthing Place 46, Newhall HillFlat 8, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN
- Sold Jun 2015£130,000 | 2 Bed FlatFarthing Place 46, Newhall HillFlat 5, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Newhall Hill, Birmingham, B1 has a total of 153 addresses. According to our analysis of all the public data, Flat 3, Farthing Place 46, Birmingham is the 15th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in B1.
More reading links
Schools Nearby
- 400mNelson Primary School
- 800mBrookfields Primary School
- 900mSt George's Church of England Academy, Newtown
- 300mJewellery Quarter Academy
- 1.3kmCity Academy
- 1.4kmNishkam High School
More reading links
Public Transport Nearby
The closest station to Flat 3, Farthing Place 46, Birmingham is Jewellery Quarter station, which is 700 metres away.
- 700mJewellery Quarter
- 800mBirmingham Snow Hill
- 1.1kmBirmingham New Street
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
