New House Farm Drive, Northfield, Birmingham
CO

New House Farm Drive, Northfield, Birmingham

By Connells

£ 55,000

Reviews

2 out of 5 stars

Connells says ..

This open plan apartment offers a harmonious blend of functionality, style, and comfort, making it the perfect place to call home. Price listed is for a 30% share, call today for further information.

Property Oracle says ..

The property is a 1 bedroom, 1 bathroom apartment located in Northfield, Birmingham. The list price is £55,000. Based on the provided images, the property appears to be in excellent condition. It is modern, clean, and well-maintained. The kitchen and bathroom are contemporary and recently fitted. There is no evidence of wear and tear or the need for renovation. The plot size is listed as 0.00 sqft, indicating that there is no garden or significant outdoor space associated with the property. This is typical for an apartment. Considering the average price per sqft in the area is £302, and the average property price is £281,716, the list price of £55,000 for this 368 sqft apartment is significantly lower. However, it’s important to note that the average property size is considerably larger (930 sqft) than the apartment in question. The lower price may reflect the smaller size and lack of outdoor space. Nearby comparable properties are also significantly more expensive, suggesting this property may be undervalued, although more information on the specifics of these properties (size, condition) would be needed to make a definitive statement. The location is convenient to local transportation links and schools.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
10
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
368.00

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
355,556.00 £
Increased by 28.46 %
from 276,775.00 £
Est sale value
128,800.00 £
Increased by 30.11 %
from 98,992.00 £
Average area rental value
1,169.00 £/mo
Decreased by 2.83 %
from 1,203.00 £/mo
Est letting value
368.00 £/mo
Unchanged by 0.00 %
from 368.00 £/mo
Est rental Yield
3.95 %
Decreased by 24.33 %
from 5.22 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Northfield Manor Primary AcademyAcademy ConverterGood0.43 KM
Bournville SchoolAcademy Sponsor LedRequires improvement0.72 KM
Our Lady And St Rose Of Lima Catholic Primary SchoolVoluntary Aided SchoolGood1.03 KM
St Laurence Church Infant SchoolVoluntary Aided SchoolGood1.42 KM
St Laurence Church Junior SchoolVoluntary Aided SchoolGood1.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Weirbrook Close £ 000.00 KM
Hornbeam Close £ 250,00000.00 KM
Iris Close £ 425,00000.00 KM
Gorse Close £ 000.00 KM
Blackthorn Close £ 735,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Northfield1111NFD2.24 KM
Selly Oak1105SLY3.06 KM
Kings Norton1109KNN3.29 KM
Bournville1112BRV3.61 KM
University (Birmingham)4504UNI3.65 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
9 Middlepark Drive £ 300,0000.19 KM
25 Middlepark Drive £ 445,9500.19 KM
41 Middlepark Drive £ 375,9500.19 KM
19 Middlepark Drive £ 360,0000.19 KM
49 Middlepark Drive £ 405,0000.19 KM