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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 4, 371, Gillott Road, Birmingham is £66,372 and the estimated rental value is £438 per month.
The apartment is within 371, Gillott Road, Birmingham, B16.
Gillott Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 4, 371, Gillott Road, Birmingham has a single entry in the Land Registry from September 2013 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 4, 371, Gillott Road, Birmingham is in very good condition we estimate a sale value of £69,690 and a rental value of £459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,726 and a rental value of £407 per month.
Over the last 12 months the sale value of Flat 4 371 Gillott Road Birmingham has decreased by an estimated £2,474 (3.7%) and its rental value has increased by an estimated £6 per month (1.3%), giving an expected gross yield of 7.9%.
Flat 4, 371, Gillott Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2021.
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 4, 371, Gillott Road, Birmingham was last sold on 9th September 2013 for £46,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2013, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of Flat 4, 371, Gillott Road, Birmingham over the last 2 years.
The most recent example is Flat 1, 372, Gillott Road, Birmingham, B16 0RS, a leasehold flat which sold for £295,500 on the 27th August 2024.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gillott Road, Birmingham, B16 has a total of 910 addresses. According to our analysis of all the public data, Flat 4, 371, Gillott Road, Birmingham is the 672nd largest and the 908th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in B16.
The closest station to Flat 4, 371, Gillott Road, Birmingham is Five Ways station which is 2.5 kilometres 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 4, 371, Gillott Road, Birmingham, 57.1% of property is privately rented and 36.7% 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 4, 371, Gillott Road, Birmingham, 20.2% of residents are recorded as possessing school level qualifications and 40.3% 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 4, 371, Gillott 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 4, 371, Gillott 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 4, 371, Gillott Road, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.