Sold Terraced

317 TANGMERE DRIVE

BIRMINGHAM, CASTLE VALE, WEST MIDLANDS B35 7PX

3 beds 1 baths 904 sq ft Listed 21 Mar 2025 (-443d)

£170,000

Guide Price

Reduced on 2 Mar 2026

Save

Listing type

Auction

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

84 m²

Council tax band

B

EPC rating

B

Year built

England and Wales: 1967-1975

Last sold

£95,000 Mar 2016

Price per m²

£2,024/m²

Local average

£210,389 (-19.2%)

Deprivation

Decile 1 (326 of 33,755)

Street crime

196 incidents within 1 mile (Mar 2026)

Key features

  • A SUPERB MID TERRACED PROPERTY
  • CLOSE TO MANY LOCAL AMENITIES
  • Being Sold by Paul Carr Modern Auction (BUY IT NOW Option Available) – Reservation Fee Applies
  • LARGE WELL PRESENTED LOUNGE/DINING ROOM
  • FITTED KITCHEN
  • LEAN TO CONSERVATORY
  • THREE EXCELLENT BEDROOMS
  • BATHROOM WITH WHITE SUITE
  • FORE GARDEN AND PARKING SPACE
  • REAR GARDEN AND REAR GARAGE

Additional details

Parking
Yes
Garden
Yes

Description

This Property is Being sold by Paul Carr Modern Auction. Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale. A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact Paul Carr Estate Agents to view these documents.When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Paul Carr Team. This is a superb mid terraced property that is ideally located for many amenities including shops, schools and public transport and road links. The interiors are excellent and include the following a welcoming entrance hall, large open plan lounge/dining room, fitted kitchen and lean to conservatory. To the first floor are three excellent bedrooms and a bathroom with white suiteOutside is a fore garden and parking space and to the rear is an easy maintenance garden, outhouse and rear garage. An early viewing is essential to appreciate, size and quality and location.

Listed by

Walmley

Paul Carr

Reference: 159691094

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 06/03/2023

Current heating cost: £1,164/year

Potential heating cost: £850/year

Est. upgrade cost to C: £7,450

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • Party wall insulation (£300 - £600)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Solar water heating (£4,000 - £6,000)

View full EPC on gov.uk

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

Floorplan One

Floorplan One

EPC Graphs

EPC Graph

EPC Graph

Price history

8% since 2013

Event Date Price % change
Sold 30/03/2016 (10 years ago) £95,000 +8%
Sold 19/04/2013 (13 years ago) £88,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
261 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PY £215,000 11/04/2023 Terraced
Same street 341 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX £155,754 24/03/2023 Terraced
7 RYE GRASS WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LL £165,000 24/10/2022 Terraced
32 BROOK PIECE WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LJ £160,000 31/08/2022 Terraced
53 RYE GRASS WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LL £135,000 22/06/2022 Terraced
12 ROUND MOOR WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7HJ £165,000 17/11/2021 Terraced
30 BROOK PIECE WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LJ £151,000 17/11/2021 Terraced
Same street 343 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX £185,000 06/09/2021 Terraced
24 SHERIDAN WALK, BIRMINGHAM, WEST MIDLANDS, B35 7HF £155,250 31/08/2021 Terraced
17 SHERIDAN WALK, BIRMINGHAM, WEST MIDLANDS, B35 7HE £156,000 06/08/2021 Terraced

Street average: £170,377 (2 sales)

Area average: £162,781 (8 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 36.3%
10y growth 74.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Birmingham. Series: Terraced. As of March 2026.

1y (index) 0.6%
5y (index) 17.5%
10y (index) 59.5%

Rental Range

Estimated market rent for Birmingham. Low = conservative, Realistic = average, Optimistic = best case.

Low £977/mo
Realistic £1,086/mo
Optimistic £1,195/mo

Based on Local Authority from postcode lookup → Birmingham.

LHA (30th percentile) floor for Birmingham: £823/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Tangmere Dr / Watton Green 0.1 miles
Shop Vale Stores 0.2 miles
Shop FlowerWorx 0.3 miles
Hospital John Taylor Hospice 1.5 miles
Hospital Unknown 1.8 miles
Train station Water Orton 1.9 miles
Train station Chester Road 2.1 miles
University BCU Oscott Gardens 4.3 miles
University Birmingham City University 4.6 miles

Street-level crime

Category Count
Violence and sexual offences 80
Shoplifting 22
Vehicle crime 19
Criminal damage and arson 15
Other theft 11
Public order 11
Drugs 10
Anti-social behaviour 7
Burglary 7
Bicycle theft 5
Possession of weapons 4
Other crime 3
Robbery 2
Total incidents 196

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Topcliffe Primary School Primary 0.2 miles Good — 3 Jul 2013
Castle Vale Nursery School Nursery 0.2 miles Outstanding — 23 Oct 2014
Chivenor Primary School Primary 0.3 miles Good — 22 May 2019
Ebn Academy 2 Other 0.3 miles Good — 21 Jan 2019
St Gerard's RC Junior and Infant School Primary 0.3 miles Good — 15 Feb 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Detached House, Marshbrook Close, B24 £1,395/mo 3 0.9 miles OpenRent

Average rent: £1,395/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.82%
Max investor price (0.8%) £174,375
Target investor price (1%) £139,500
Gross yield 9.8%
Cost-to-rent ratio 10.2×
Monthly cashflow £561/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 13.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).