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According to the public record, G4, 40, Windmill Street, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 653 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 G4, 40, Windmill Street, Birmingham is £219,310 and the estimated rental value is £907 per month.
The apartment is within 40, Windmill Street, Birmingham, B1.
Windmill Street, Birmingham, B1 is located in the borough of Birmingham within the B1 postal district.
G4, 40, Windmill Street, Birmingham has a single entry in the Land Registry from December 2022 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 3 out of 5 and is considered of medium 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 G4, 40, Windmill Street, Birmingham is in very good condition we estimate a sale value of £230,276 and a rental value of £952 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,958 and a rental value of £843 per month.
Over the last 12 months the sale value of G4 40 Windmill Street Birmingham has decreased by an estimated £13,355 (6.1%) and its rental value has increased by an estimated £1 per month (0.1%), giving an expected gross yield of 5%.
According to HM Land Registry, G4, 40, Windmill Street, Birmingham was last sold on 21st December 2022 for £244,940 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to G4, 40, Windmill Street, Birmingham within a radius of 260 metres over the last 2 years.
The most recent example is G12, 36, Windmill Street, Birmingham, B1 1FW, a leasehold flat which sold for £297,467 on the 16th March 2023.
Read more about house prices in B1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Street, Birmingham, B1 has a total of 305 addresses. According to our analysis of all the public data, G4, 40, Windmill Street, Birmingham is the 206th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in B1.
The closest station to G4, 40, Windmill Street, Birmingham is Birmingham New Street station which is 600 metres away.
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 G4, 40, Windmill Street, Birmingham, 52.4% of property is privately rented and 25.7% is socially rented.
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 G4, 40, Windmill Street, Birmingham, 37.5% of residents are recorded as possessing school level qualifications and 59.5% 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 G4, 40, Windmill Street, Birmingham, the average age was 31.7 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 G4, 40, Windmill Street, Birmingham, 0.6% 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 G4, 40, Windmill Street, Birmingham, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.