Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £33...
Property Oracle says ..
This 3-bedroom, 1-bathroom property situated on Jerrard Drive in Sutton Trinity, Birmingham, presents a compelling opportunity for potential buyers. The location within Sutton Coldfield is a significant advantage, offering convenient access to highly-rated schools such as Bishop Vesey’s Grammar School and Plantsbrook School, both within a short distance. The proximity to Sutton Coldfield train station ensures easy commutes to Birmingham and beyond. The property itself appears well-maintained from the provided images, featuring a modern kitchen and bathroom. The presence of a garden adds further appeal. While the property’s exact square footage is not stated, it appears to be of a comfortable size for a family. The listing mentions that this is a ‘Home for Life Lifetime Lease for OVER 60s,’ so buyers need to understand the implications of this type of ownership. The provided list price appears competitive within the context of the Sutton Coldfield market, although a more in-depth comparative market analysis with precise square footage would be necessary to definitively assess its market value. Interested buyers are advised to conduct thorough due diligence including a survey and legal review to fully understand the property and its unique ownership structure before making an offer. The leasehold nature of the property should be carefully considered as potential buyers will need to understand the associated ground rent and service charges. A buyer might need to carry out further maintenance and renovations based on a thorough property survey, this might affect the final pricing.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 793.14
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 464,990.00 £Increased by 12.84 %
- Est sale value
- 395,776.86 £Increased by 45.06 %
- Average area rental value
- 1,081.00 £/moDecreased by 23.22 %
- Est letting value
- 793.14 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.79 %Decreased by 31.95 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bishop Vesey'S Grammar School | Academy Converter | Outstanding | 0.60 KM |
| Plantsbrook School | Academy Converter | Good | 0.68 KM |
| Town Junior School | Academy Sponsor Led | Good | 0.77 KM |
| Holland House Infant School And Nursery | Community School | Outstanding | 0.82 KM |
| Holland House Infant School And Nursery | Children's Centre | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Railway Road | £ 215,000 | 0 | 0.00 KM |
| Station Approach | £ 785,000 | 0 | 0.00 KM |
| Keepers Gate | £ 937,500 | 0 | 0.00 KM |
| Prestwick Close | £ 0 | 0 | 0.00 KM |
| Thorpe Close | £ 425,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sutton Coldfield | 1044 | SUT | 0.70 KM |
| Four Oaks | 1042 | FOK | 1.97 KM |
| Wylde Green | 1138 | WYL | 2.56 KM |
| Chester Road | 1130 | CRD | 3.60 KM |
| Butlers Lane | 1179 | BUL | 3.76 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Jerrard Drive, Sutton Coldfield | £ 331,750 | BUY | 7 / 10 | 0.00 KM |
| Jerrard Drive, Sutton Coldfield | £ 475,000 | BUY | 8 / 10 | 0.00 KM |
| Jerrard Drive, Sutton Coldfield, West Midlands | £ 425,000 | BUY | 7 / 10 | 0.02 KM |
| Jerrard Drive, Sutton Coldfield | £ 150,000 | BUY | 7 / 10 | 0.02 KM |
| Pages Close, Sutton Coldfield | £ 120,000 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Jerrard Drive | £ 325,000 | 0.00 KM |
| 49 Rectory Road | £ 275,000 | 0.03 KM |
| 14 Jerrard Drive | £ 343,500 | 0.06 KM |
| 27 Jerrard Drive | £ 325,000 | 0.12 KM |
| 29 Jerrard Drive | £ 226,000 | 0.12 KM |