Flat 5, 5
Flat 5, 5
Description & Estimates
According to the public record, Flat 5, 5, Florence Street, Birmingham is a modern apartment with 667 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, 5, Florence Street, Birmingham is £220,954 and the estimated rental value is £953 per month.
The apartment is within 5, Florence Street, Birmingham, B1.
Florence Street, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
Our Data Sources
Flat 5, 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
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, 5, Florence Street, Birmingham is in very good condition we estimate a sale value of £232,001 and a rental value of £1,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,487 and a rental value of £886 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 5, Florence Street, Birmingham has decreased by £13,455 (6.1%), while its estimated rental value has grown by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 5, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 5, Florence Street, Birmingham within a radius of 250 metres over the last 2 years.
The most recent example is Flat 33, 5, Florence Street, Birmingham, B1 1NX, a leasehold flat which sold for £335,000 on the 6th October 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
Florence Street, Birmingham, B1 has a total of 37 addresses. According to our analysis of all the public data, Flat 5, 5, Florence Street, Birmingham is the 29th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in B1.
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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
More reading links
Public Transport Nearby
The closest station to Flat 5, 5, Florence Street, Birmingham is Birmingham New Street station, which is 600 metres away.
- 600mBirmingham New Street
- 700mFive Ways
- 1.0kmBirmingham Moor Street
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
