Flat 7, Farthing Place 46
Flat 7, Farthing Place 46
Description & Estimates
According to the public record, Flat 7, Farthing Place 46, Birmingham is a modern apartment with 796 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 7, Farthing Place 46, Birmingham is £133,888 and the estimated rental value is £693 per month.
The apartment is within Farthing Place, Newhall Hill, Birmingham, B1.
Newhall Hill, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
Our Data Sources
Flat 7, Farthing Place 46, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Farthing Place 46, Birmingham is in very good condition we estimate a sale value of £140,583 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,516 and a rental value of £645 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Farthing Place 46, Birmingham has dropped by £8,153 (6.1%), while its estimated rental value has risen by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 7, Farthing Place 46, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
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 7, Farthing Place 46, Birmingham within a radius of 280 metres over the last 2 years.
The most recent example is Flat 3, Farthing Place 46, Newhall Hill, Birmingham, B1 3JN, a leasehold flat which sold for £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
Newhall Hill, Birmingham, B1 has a total of 153 addresses. According to our analysis of all the public data, Flat 7, Farthing Place 46, Birmingham is the 37th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in B1.
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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
The closest station to Flat 7, Farthing Place 46, Birmingham is Jewellery Quarter station, which is 700 metres away.
- 700mJewellery Quarter
- 800mBirmingham Snow Hill
- 1.1kmBirmingham New Street
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
