B45 9WA is a residential postcode located on Park Way, Rubery, Rednal, Birmingham, B45. It is the 679th largest postcode in the B45 area.
It contains 61 residential addresses consisting of 6 houses, 31 flats and 24 unknown.
The average house value is £153,199. Sales values have increased in the last 12 months by 4.7% and Rental values have increased by 3.2%.
Property sale values range from £117,521 for a leasehold flat, with 2 bedrooms split across 648 square feet of gross internal area and has no outside space to £324,331 for a freehold house, with 3 bedrooms split across 1,023 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B45 9WA is £247/ft2.
Properties achieve a rental yield of between 4.6% and 7.1%, and rental values range from £699 to £1,255 per month.
The last sale was 16 Feb 2024 for £150,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 4 sales since 1995.
B45 9WA has seen 4 sales in the last three years and 3 sales in the last twelve months.
B45 9WA is the 679th largest and the 87th most expensive postcode out of the 688 postcodes in the B45 area.
B45 9WA is the 679th largest and the 87th most expensive postcode out of the 688 postcodes in the B45 area.
B45 9WA is a residential postcode located on Park Way, Rubery, Rednal, Birmingham, B45 with 6 houses, 31 flats and 24 unknown within its bounds.
The most common Energy Performance Certificate (EPC) rating in B45 9WA is No EPC.
The closest station to B45 9WA is Longbridge station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around B45 9WA, 49.2% of property is privately rented and 38.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around B45 9WA, 16.7% of residents are recorded as possessing school level qualifications and 34.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around B45 9WA, the average age was 38.8 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around B45 9WA, 0.8% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around B45 9WA, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.