Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 77, Wells Tower, Birmingham is a mid-century apartment with 505 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 77, Wells Tower, Birmingham is £59,905 and the estimated rental value is £399 per month.
The apartment is within Wells Tower, Rodney Close, Birmingham, B16.
Rodney Close, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Flat 77, Wells Tower, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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 77, Wells Tower, Birmingham is in very good condition we estimate a sale value of £62,901 and a rental value of £419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,712 and a rental value of £371 per month.
Over the last 12 months the sale value of Flat 77 Wells Tower Birmingham has decreased by an estimated £1,630 (2.7%) and its rental value has increased by an estimated £5 per month (1.4%), giving an expected gross yield of 8%.
Flat 77, Wells Tower, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2024.
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 470 metres radius of Flat 77, Wells Tower, Birmingham over the last 2 years.
The most recent example is 135, Rodney Close, Birmingham, B16 8DJ, a freehold house which sold for £190,000 on the 31st October 2024.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rodney Close, Birmingham, B16 has a total of 175 addresses. According to our analysis of all the public data, Flat 77, Wells Tower, Birmingham is the 167th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in B16.
The closest station to Flat 77, Wells Tower, Birmingham is Five Ways station which is 1.2 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 77, Wells Tower, Birmingham, 83.0% of property is socially rented and 6.4% 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 77, Wells Tower, Birmingham, 32.6% of residents are recorded as possessing school level qualifications and 19.9% 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 77, Wells Tower, Birmingham, the average age was 31 and the most common age was 22.
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 77, Wells Tower, Birmingham, 0.2% 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 77, Wells Tower, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
