Flat 4, Farthing Place 46
Flat 4, Farthing Place 46
Description & Estimates
Flat 4, Farthing Place 46, Birmingham is described in the public record as a modern apartment with 818 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Farthing Place 46, Birmingham is £135,376 and its rental estimate is £700 per month, given the available information and assuming reasonable condition.
Farthing Place, Newhall Hill is a residential building on Newhall Hill, Birmingham, B1 and falls within the B1 postal district and the borough of Birmingham.
Our Data Sources
Flat 4, Farthing Place 46, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Farthing Place 46, Birmingham, we estimate a market value of £142,145 and a rental value of £735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,900 and £651 per month respectively.
Recent Market Change
Over the last year, Flat 4, Farthing Place 46, Birmingham has seen its estimated sale value decrease by £8,244 (6.1%) and its estimated rental value grow by £1 per month (0.1%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 4, Farthing Place 46, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Farthing Place 46, Birmingham have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2023, was Flat 3, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN, a leasehold flat which sold for £185,000.
Read more about house prices in B1.
- Sold Mar 2023£185,000 | 2 Bed FlatFarthing Place 46, Newhall HillFlat 3, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN
- 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 153 addresses on Newhall Hill, Birmingham, B1, Flat 4, Farthing Place 46, Birmingham comes out as the 24th largest and the 108th most expensive in our analysis of the public data.
It is also £28k less expensive than the average property across the B1 district.
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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
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Public Transport Nearby
From Flat 4, Farthing Place 46, Birmingham, the nearest station is Jewellery Quarter, 700 metres away.
- 700mJewellery Quarter
- 800mBirmingham Snow Hill
- 1.1kmBirmingham New Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
