Recent sale
AVOCA COURT, 146 CHEAPSIDE
£128k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Apartment 32, Avoca Court, 144 Cheapside, Deritend, Birmingham, B12 0PR
UPRN:10023506279Purpose Built Flat2 bedsBuilt 1996-2002
LeaseholdCouncil Tax: -EPC: B (84)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 (2026-07-10T08:24:35.437646+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
£126,000
Estimated value
Range: £120k - £132k|Last sold: -- (-)
Estimate of £126k for purpose built flats in Birmingham. 153 transactions in the last 12 months; median £250k.
AI Confidence
-
High confidence
Value History
Current estimate
£126k
£120k - £132k - High confidence
Annualised (CAGR)
-6.04%
Over the full window
Peak estimate
£186k
Jan 2023
From peak
-32.26%
Drawdown from peak
AVM estimate (model)Repeat-sales index - B12 district (quarterly)index YoY +31.39%
Growth by window
3m
-10.64%
6m
-16.00%
12m
-24.55%
24m
-26.74%
60m
-25.00%
Rental Market
Estimated rent (pcm)
£750
/ month
Gross yield
6.15%
Net yield
5.89%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£250k
2-bed Purpose Built Flat
12m Price Growth
-
vs UK avg
Days on Market
112d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£126,000
- SDLT standard£20
- SDLT BTL surcharge (5%)£6,300
- Legal + Survey£15,000
- Refurb (light)£8,820
- Total All-In Cost£156,140
Funding
- Deposit (25%)£31,500
- Mortgage (75% LTV)£94,500
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£61,640
Monthly Returns
- Monthly Rent (est)£750
- Mortgage Payment (IO)-£413
- Management (10%)-£75
- Insurance-£88
- Maintenance-£53
- Monthly Cashflow+£121
Capital Returns
- 5yr Property Value£151,611
- 5yr Capital Gain (3.77% pa)+£25,611
- 5yr Cumulative Rent (net)+£32,040
- Less mortgage interest-£24,780
- 5yr Total Return+£32,871
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £130,750 | £36,250 | +£1,452 | +£6,202 | 10.1% |
| Year 2 | £135,679 | £41,179 | +£2,904 | +£12,583 | 20.4% |
| Year 3 | £140,795 | £46,295 | +£4,356 | +£19,151 | 31.1% |
| Year 4 | £146,103 | £51,603 | +£5,808 | +£25,911 | 42.0% |
| Year 5 | £151,611 | £57,111 | +£7,260 | +£32,871 | 53.3% |
Assumes 3.77% 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 (£61,640).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
AVOCA COURT, 146 CHEAPSIDE
£105k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
AVOCA COURT, 140 CHEAPSIDE
£224k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
AVOCA COURT, 140 CHEAPSIDE
£242k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£33,374
Median Income
Signal
1,051
Population
Signal
5.3 / 100
Deprivation