281 HEELEY ROAD
Recent sale
£320k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
271 Heeley Road, Birmingham, B29 6EL
UPRN:100070401697Mid Terrace House3 bedsBuilt 1900-1929
FreeholdCouncil Tax: Band BEPC: C (74)
Data freshness:Listing· freshListing: fresh, refreshed 5d ago (2026-10-19T04:00:02.130848+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-08-23T07:55:39.074706+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refreshCouncil Tax· 4mo agoCouncil Tax: stale, refreshed 4mo ago (2026-07-03T07:41:16.386402+00:00)
Valuation estimateUpdated 2 days ago
£429,000
Estimated value
Range: £386k - £472k|Last sold: £233k (2009-02-18)
Estimate of £429k for this mid terrace house. 250 sales in B29 in the last 12 months; median £256k.
Estimate confidence
Medium confidence
Value History
Current estimate
£429k
£386k - £472k - Medium confidence
Annualised (CAGR)
+7.41%
Over the full window
Peak estimate
£442k
May 2025
From peak
-2.94%
Drawdown from peak
AVM estimate (model)Repeat-sales index - B29 district (quarterly)index YoY +6.52%
Growth by window
3m
+0.23%
6m
+0.94%
12m
-2.72%
24m
+4.13%
60m
+43.00%
Rental Market
Estimated rent (pcm)
£2,600
/ month
Gross yield
7.27%
Rent ÷ estimated value
Net yield
5.03%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£256k
B29 sales, last 12 months
12m Price Growth
-
B29 median, Land Registry
Days on Market
112d
B29 average
Sales & Yield
3 metricsTransactions / 12m
250
B29 sales
Area Gross Yield
3.72%
B29 medians
Last Sold
£233k
2009-02-18
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Estimated Value£429,000
- SDLT standard£11,450
- SDLT BTL surcharge (5%)£21,450
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£464,000
Funding
- Deposit (25%)£107,250
- Mortgage (75% LTV)£321,750
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£142,250
Monthly Returns
- Monthly Rent (estimate)£2,600
- Mortgage Payment (IO)-£1,408
- Management (10%)-£260
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£832
Capital Returns
- 5yr Property Value£489,413
- 5yr Capital Gain (2.67% pa, historical)+£60,413
- 5yr Cumulative Rent (net)+£140,130
- Less mortgage interest-£84,480
- 5yr Total Return+£116,063
Modelled on the estimated value: the property is not on the market. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £440,454 | £118,704 | +£9,984 | +£21,438 | 15.1% |
| Year 2 | £452,214 | £130,464 | +£20,532 | +£43,746 | 30.8% |
| Year 3 | £464,289 | £142,539 | +£31,644 | +£66,933 | 47.1% |
| Year 4 | £476,685 | £154,935 | +£43,346 | +£91,031 | 64.0% |
| Year 5 | £489,413 | £167,663 | +£55,650 | +£116,063 | 81.6% |
Modelled on the estimated value: the property is not on the market. Capital growth 2.67% a year is the B29 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£142,250).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
265 HEELEY ROAD
Recent sale
£330k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
215 HEELEY ROAD
Recent sale
£420k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
217 HEELEY ROAD
Recent sale
£420k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£30,180
Median earnings (local authority)
Signal
2,434
Population
Signal
2.3%
Households Deprived