Flat 410, Nexus Point 10
Flat 410, Nexus Point 10
Description & Estimates
Flat 410, Nexus Point 10, Birmingham is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 410, Nexus Point 10, Birmingham is £211,878 and its rental estimate is £1,125 per month, given the available information and assuming reasonable condition.
Nexus Point, Edwards Road is a residential building on Edwards Road, Birmingham, B24 and falls within the B24 postal district and the borough of Birmingham.
Our Data Sources
Flat 410, Nexus Point 10, Birmingham has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated September 2019.
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.
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 410, Nexus Point 10, Birmingham, we estimate a market value of £222,472 and a rental value of £1,181 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £197,047 and £1,046 per month respectively.
Recent Market Change
Over the last year, Flat 410, Nexus Point 10, Birmingham has seen its estimated sale value rise by £274 (0.1%) and its estimated rental value move up by £20 per month (1.7%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 410, Nexus Point 10, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 410, Nexus Point 10, Birmingham completed on 11th November 2019 at £168,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 26.6% over the period since November 2019.
- Sold Nov 2019£168,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 410, Nexus Point 10, Birmingham have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2020, was Flat 810, Nexus Point 10, Edwards Road, Birmingham, B24 9EQ, a leasehold flat which sold for £179,950.
Read more about house prices in B24.
- Sold May 2020£179,950 | 2 Bed FlatNexus Point 10, Edwards RoadFlat 810, Nexus Point 10, Edwards Road, Birmingham, B24 9EQ
- Sold Nov 2019£162,950 | 2 Bed FlatNexus Point 10, Edwards RoadFlat 210, Nexus Point 10, Edwards Road, Birmingham, B24 9EQ
- Sold Nov 2019£165,950 | 2 Bed FlatNexus Point 10, Edwards RoadFlat 310, Nexus Point 10, Edwards Road, Birmingham, B24 9EQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 221 addresses on Edwards Road, Birmingham, B24, Flat 410, Nexus Point 10, Birmingham comes out as the 134th largest and the 115th most expensive in our analysis of the public data.
It is also £5k more expensive than the average property across the B24 district.
More reading links
Schools Nearby
- 200mOsborne Primary School
- 300mAbbey Catholic Primary School
- 700mSaint Barnabas Church of England Primary School
- 500mSt Edmund Campion Catholic School
- 1.4kmErdington Academy
- 1.9kmStockland Green School
More reading links
Public Transport Nearby
From Flat 410, Nexus Point 10, Birmingham, the nearest station is Erdington, 300 metres away.
- 300mErdington
- 1.0kmChester Road
- 1.8kmGravelly Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
