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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 36, Gresham Tower, Birmingham is £71,221 and the estimated rental value is £353 per month.
The apartment is within Gresham Tower, Shawbury Grove, Birmingham, B12.
Shawbury Grove, Birmingham, B12 is located in the borough of Birmingham within the B12 postal district.
Flat 36, Gresham Tower, Birmingham has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated July 2011.
We combine this information with that 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 36, Gresham Tower, Birmingham is in very good condition we estimate a sale value of £74,782 and a rental value of £370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,236 and a rental value of £328 per month.
Over the last 12 months the sale value of Flat 36 Gresham Tower Birmingham has decreased by an estimated £4,426 (6.2%) and its rental value has decreased by an estimated £4 per month (1.0%), giving an expected gross yield of 5.9%.
Flat 36, Gresham Tower, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 36, Gresham Tower, Birmingham was last sold on 1st December 2017 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has dropped 29.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 36, Gresham Tower, Birmingham within a radius of 390 metres over the last 2 years.
The most recent example is 40, Shawbury Grove, Birmingham, B12 0TT, a leasehold flat which sold for £76,000 on the 18th April 2008.
Read more about house prices in B12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shawbury Grove, Birmingham, B12 has a total of 144 addresses. According to our analysis of all the public data, Flat 36, Gresham Tower, Birmingham is the 89th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in B12.
The closest station to Flat 36, Gresham Tower, Birmingham is Bordesley station which is 600 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 36, Gresham Tower, Birmingham, % of property is and % is .
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 36, Gresham Tower, Birmingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 36, Gresham Tower, 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 36, Gresham Tower, Birmingham, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.