Recent sale
21 MELTON DRIVE
£7k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Skip to property detailsMonthly AVM sale-value estimate Monthly -6 live signals 25% deposit · IO BTL · Interest Only
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3 signals 0 levers
Flat 5, 1 Melton Drive, Birmingham, B15 2NB
UPRN:100071288351Flat/Maisonette0 bedsBuilt 1967-1975
-Council Tax: -EPC: D (66)AI-Powered Intelligence
Data freshness:Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-07-10T08:45:31.527522+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 3mo agoRisk: ageing, refreshed 3mo ago (2026-07-04T06:46:22.443816+00:00)Crime· freshCrime: fresh, refreshed yesterday (2026-09-20T01:24:22.764986+00:00)Connectivity· 3mo agoConnectivity: ageing, refreshed 3mo ago (2026-07-04T20:23:28.637306+00:00)Amenities· 3mo agoAmenities: ageing, refreshed 3mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated yesterday
£124,000
Estimated value
Range: £112k - £137k|Last sold: -- (-)
Estimate of £124k for flat/maisonettes in West Midlands. 105 transactions in the last 12 months; median £268k.
AI Confidence
-
Medium confidence
Value History
Current estimate
£124k
£112k - £137k - Medium confidence
Annualised (CAGR)
-2.29%
Over the full window
Peak estimate
£158k
Dec 2022
From peak
-21.52%
Drawdown from peak
AVM estimate (model)Repeat-sales index - B15 district (quarterly)index YoY -5.56%
Growth by window
3m
-2.36%
6m
-1.59%
12m
-11.43%
24m
-12.68%
60m
-15.65%
Rental Market
Estimated rent (pcm)
£700
/ month
Gross yield
6.00%
Net yield
4909.09%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£268k
0-bed Flat/Maisonette
12m Price Growth
-
vs UK avg
Days on Market
63d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£124,000
- SDLT standard£0
- SDLT BTL surcharge (5%)£6,200
- Legal + Survey£15,000
- Refurb (light)£8,680
- Total All-In Cost£153,880
Funding
- Deposit (25%)£31,000
- Mortgage (75% LTV)£93,000
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£60,880
Monthly Returns
- Monthly Rent (est)£700
- Mortgage Payment (IO)-£407
- Management (10%)-£70
- Insurance-£87
- Maintenance-£52
- Monthly Cashflow+£84
Capital Returns
- 5yr Property Value£120,627
- 5yr Capital Gain (-0.55% pa)+£-3,373
- 5yr Cumulative Rent (net)+£29,460
- Less mortgage interest-£24,420
- 5yr Total Return+£1,667
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £123,318 | £30,318 | +£1,008 | +£326 | 0.5% |
| Year 2 | £122,640 | £29,640 | +£2,016 | +£656 | 1.1% |
| Year 3 | £121,965 | £28,965 | +£3,024 | +£989 | 1.6% |
| Year 4 | £121,294 | £28,294 | +£4,032 | +£1,326 | 2.2% |
| Year 5 | £120,627 | £27,627 | +£5,040 | +£1,667 | 2.7% |
Assumes -0.55% 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 (£60,880).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
21 MELTON DRIVE
£100k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
1 MELTON DRIVE
£118k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
1 MELTON DRIVE
£74k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£33,374
Median Income
Signal
1,538
Population
Signal
3.2 / 100
Deprivation