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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 5, 2, Macniece Close, Birmingham is a modern leasehold apartment with 559 ft2 of internal area.
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 5, 2, Macniece Close, Birmingham is £203,844 and the estimated rental value is £701 per month.
The apartment is within 2, Macniece Close, Birmingham, B29.
Macniece Close, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
Flat 5, 2, Macniece Close, Birmingham has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated April 2022.
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 5, 2, Macniece Close, Birmingham is in very good condition we estimate a sale value of £214,037 and a rental value of £736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,575 and a rental value of £652 per month.
Over the last 12 months the sale value of Flat 5 2 Macniece Close Birmingham has decreased by an estimated £2,976 (1.5%) and its rental value has increased by an estimated £15 per month (2.2%), giving an expected gross yield of 4.1%.
Flat 5, 2, Macniece Close, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, 2, Macniece Close, Birmingham was last sold on 27th May 2022 for £188,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 2, Macniece Close, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 6, 6, Tower View, Birmingham, B29 6WJ, a leasehold flat which sold for £193,000 on the 27th June 2024.
Read more about house prices in B29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Macniece Close, Birmingham, B29 has a total of 40 addresses. According to our analysis of all the public data, Flat 5, 2, Macniece Close, Birmingham is the 25th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in B29.
The closest station to Flat 5, 2, Macniece Close, Birmingham is Selly Oak station which is 700 metres away.
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 5, 2, Macniece Close, 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 5, 2, Macniece Close, 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 5, 2, Macniece Close, 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 5, 2, Macniece Close, 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.
