Recent sale
35 HICKORY DRIVE
£71k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
39 Hickory Drive, Birmingham, B17 8HL
UPRN:100070403665Purpose Built Flat2 bedsBuilt 1976-1982
LeaseholdCouncil Tax: -EPC: D (57)AI-Powered Intelligence
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-05T04:00:04.018467+00:00)Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 3mo agoPlanning: ageing, refreshed 3mo ago (2026-07-10T09:30:11.456604+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· freshRisk: fresh, refreshed 5d ago (2026-10-02T03:11:24.076312+00:00)Crime· freshCrime: fresh, refreshed 6d ago (2026-10-01T10:03:45.019558+00:00)Connectivity· freshConnectivity: fresh, refreshed 4d ago (2026-10-03T06:43:10.905825+00:00)Schools· 1mo agoSchools: ageing, refreshed 1mo ago (2026-09-06T05:00:26.476544+00:00)Amenities· freshAmenities: fresh, refreshed 3d ago (2026-10-04T07:25:27.780243+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated 2 days ago
£137,000
Estimated value
Range: £130k - £144k|Last sold: £95k (2004-08-23)
Estimate of £137k for purpose built flats in Birmingham. 235 transactions in the last 12 months; median £320k.
AI Confidence
-
High confidence
Value History
Current estimate
£137k
£130k - £144k - High confidence
Annualised (CAGR)
+1.90%
Over the full window
Peak estimate
£139k
Apr 2026
From peak
-1.44%
Drawdown from peak
AVM estimate (model)Repeat-sales index - B17 district (quarterly)index YoY +10.53%
Growth by window
3m
-1.44%
6m
+7.87%
12m
+8.73%
24m
+3.79%
60m
+7.87%
Rental Market
Estimated rent (pcm)
£700
/ month
Gross yield
3.43%
Net yield
4.15%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£320k
2-bed Purpose Built Flat
12m Price Growth
-
vs UK avg
Days on Market
71d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£137,000
- SDLT standard£240
- SDLT BTL surcharge (5%)£6,850
- Legal + Survey£15,000
- Refurb (light)£9,590
- Total All-In Cost£168,680
Funding
- Deposit (25%)£34,250
- Mortgage (75% LTV)£102,750
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£65,930
Monthly Returns
- Monthly Rent (est)£700
- Mortgage Payment (IO)-£450
- Management (10%)-£70
- Insurance-£89
- Maintenance-£57
- Monthly Cashflow+£34
Capital Returns
- 5yr Property Value£141,440
- 5yr Capital Gain (0.64% pa)+£4,440
- 5yr Cumulative Rent (net)+£29,040
- Less mortgage interest-£27,000
- 5yr Total Return+£6,480
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £137,877 | £35,127 | +£408 | +£1,285 | 1.9% |
| Year 2 | £138,759 | £36,009 | +£816 | +£2,575 | 3.9% |
| Year 3 | £139,647 | £36,897 | +£1,224 | +£3,871 | 5.9% |
| Year 4 | £140,541 | £37,791 | +£1,632 | +£5,173 | 7.8% |
| Year 5 | £141,440 | £38,690 | +£2,040 | +£6,480 | 9.8% |
Assumes 0.64% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£65,930).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
47 HICKORY DRIVE
£130k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
49 HICKORY DRIVE
£123k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
23 HICKORY DRIVE
£120k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£33,374
Median Income
Signal
1,603
Population
Signal
4.1 / 100
Deprivation