Flat 5, Farthing Place 46
Flat 5, Farthing Place 46
Description & Estimates
The public record lists Flat 5, Farthing Place 46, Birmingham as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 802 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Farthing Place 46, Birmingham has an estimated sale value of £133,949 and an estimated rental value of £693 per month, assuming reasonable condition and based on the information available.
The apartment sits within Farthing Place, Newhall Hill, Birmingham, B1.
Newhall Hill, Birmingham, B1 lies in the borough of Birmingham, within the B1 postal district.
Our Data Sources
Flat 5, Farthing Place 46, Birmingham has 31 entries in the Land Registry , most recently in June 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, Farthing Place 46, Birmingham would be worth £140,647, with a potential rental value of £728 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £124,573, with a rental value of £645 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, Farthing Place 46, Birmingham has decreased by £8,157 (6.1%) over the last year. During the same period, its estimated monthly rental value has grown by £1 (0.1%). The property's estimated gross yield is currently 6.2%.
Sold Prices
Flat 5, Farthing Place 46, Birmingham last changed hands on 10th June 2015, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 21.6% since June 2015.
- Sold Jun 2015£130,000
- Sold May 2012£115,000
- Sold Jan 2006£149,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 280 metres of Flat 5, Farthing Place 46, Birmingham across the last 2 years.
Most recently, Flat 3, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN, a leasehold flat, sold at £185,000 on the 24th March 2023.
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
Our analysis of the public data ranks Flat 5, Farthing Place 46, Birmingham as the 30th largest and the 109th most expensive of the 153 addresses on Newhall Hill, Birmingham, B1.
Against the B1 postcode district average, it is £30k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
Jewellery Quarter station is the nearest stop to Flat 5, Farthing Place 46, Birmingham at 700 metres away.
- 700mJewellery Quarter
- 800mBirmingham Snow Hill
- 1.1kmBirmingham New Street
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
