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According to the public record, Flat 7, Newton Chambers 43, Birmingham is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Newton Chambers, Cannon Street, Birmingham, B2.
Cannon Street, Birmingham, B2 is located in the borough of Birmingham within the B2 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 7 Newton Chambers 43 Birmingham as £187,703 and the rental value as £1,600 per month giving an expected gross yield of 10.2%.
Over the last 12 months the sale value of Flat 7 Newton Chambers 43 Birmingham has increased by £8,207 (4.4%) and its rental value has increased by £74 per month (4.6%).
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, Newton Chambers 43, Birmingham is in very good condition we estimate a sale value of £197,088 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,564 and a rental value of £1,488 per month.
Flat 7, Newton Chambers 43, Birmingham has 21 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
If you were able to purchase this property for the estimated value of £187,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £923 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 7, Newton Chambers 43, Birmingham was last sold on 15 Mar 2018 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Newton Chambers 43, Birmingham within a radius of 350 metres over the last 2 years.
The most recent example is Flat 23, Newton Chambers 43, Cannon Street, Birmingham, B2 5EE, a leasehold flat which sold for £178,000 in Jan 2018.
Read more about house prices in B2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cannon Street, Birmingham, B2 has a total of 41 addresses. According to our analysis of all the public data, Flat 7, Newton Chambers 43, Birmingham is the 35th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in B2.
Flat 7, Newton Chambers 43, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Mar 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, Newton Chambers 43, Birmingham is Birmingham New Street station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
According to recent data from Ofcom, standard broadband is available in this area.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Newton Chambers 43, Birmingham, 73.0% of property is privately rented and 11.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 7, Newton Chambers 43, Birmingham, 13.5% of residents are recorded as possessing school level qualifications and 65.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, Newton Chambers 43, Birmingham, the average age was 31.5 and the most common age was 27.
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 7, Newton Chambers 43, Birmingham, 2.3% 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 7, Newton Chambers 43, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
