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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, 55, Forrell Grove, Birmingham is a modern apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 55, Forrell Grove, Birmingham is £68,858 and the estimated rental value is £354 per month.
The apartment is within 55, Forrell Grove, Birmingham, B31.
Forrell Grove, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Flat 5, 55, Forrell Grove, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 55, Forrell Grove, Birmingham is in very good condition we estimate a sale value of £72,301 and a rental value of £371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,038 and a rental value of £329 per month.
Over the last 12 months the sale value of Flat 5 55 Forrell Grove Birmingham has decreased by an estimated £978 (1.4%) and its rental value has increased by an estimated £12 per month (3.3%), giving an expected gross yield of 6.2%.
Flat 5, 55, Forrell Grove, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 600 metres radius of Flat 5, 55, Forrell Grove, Birmingham over the last 2 years.
The most recent example is 49, Forrell Grove, Birmingham, B31 4SL, a leasehold flat which sold for £80,000 on the 28th April 2017.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forrell Grove, Birmingham, B31 has a total of 67 addresses. According to our analysis of all the public data, Flat 5, 55, Forrell Grove, Birmingham is the 67th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in B31.
The closest station to Flat 5, 55, Forrell Grove, Birmingham is Longbridge station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, 55, Forrell Grove, Birmingham, 65.0% of property is socially rented and 17.1% is privately owned outright.
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, 55, Forrell Grove, Birmingham, 39.2% of residents are recorded as possessing school level qualifications and 16.3% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, 55, Forrell Grove, Birmingham, the average age was 40.4 and the most common age was 32.
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, 55, Forrell Grove, 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, 55, Forrell Grove, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
