Flat 4, 5
Flat 4, 5
Description & Estimates
The public record describes Flat 4, 5, Florence Street, Birmingham as a modern apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, 5, Florence Street, Birmingham has an estimated sale value of £232,864 and an estimated rental value of £997 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Florence Street, Birmingham, B1.
Florence Street, Birmingham, B1 lies in the borough of Birmingham, within the B1 postal district.
Our Data Sources
Flat 4, 5, Florence Street, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data 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
In very good condition, we estimate Flat 4, 5, Florence Street, Birmingham would be worth £244,507, with a potential rental value of £1,047 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £216,563, with a rental value of £927 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, 5, Florence Street, Birmingham has declined by £14,180 (6.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £1 (0.1%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 4, 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 250 metres of Flat 4, 5, Florence Street, Birmingham across the last 2 years.
Most recently, G6, 36, Windmill Street, Birmingham, B1 1FW, a leasehold flat, sold at £306,404 on the 16th March 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
Our analysis of the public data ranks Flat 4, 5, Florence Street, Birmingham as the 13th largest and the 10th most expensive of the 37 addresses on Florence Street, Birmingham, B1.
Against the B1 postcode district average, it is £69k more expensive than the typical property.
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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
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Public Transport Nearby
Birmingham New Street station is the nearest stop to Flat 4, 5, Florence Street, Birmingham at 600 metres away.
- 600mBirmingham New Street
- 700mFive Ways
- 1.0kmBirmingham Moor Street
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
