According to the public record, 1, Rainford Way, Birmingham is a mid-century house with 861 ft2 of internal area and sits on a 416 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rainford Way, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
1, Rainford Way, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated October 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rainford Way Birmingham as £242,785 and the rental value as £1,202 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Rainford Way Birmingham has increased by £13,215 (5.4%) and its rental value has increased by £48 per month (4.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Rainford Way, Birmingham is in very good condition we estimate a sale value of £254,924 and rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,790 and a rental value of £1,118 per month.
If you were able to purchase this property for the estimated value of £242,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Rainford Way, Birmingham sits on a plot of 416m2.
We have plot size data on 12 out of 19 other houses in the postcode and 1, Rainford Way, Birmingham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rainford Way, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 473, Redditch Road, Birmingham, B38 8NB, a Freehold house which sold for £175,000 in Feb 2022.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainford Way, Birmingham, B38 has a total of 19 addresses. According to our analysis of all the public data, 1, Rainford Way, Birmingham is the 11th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in B38.
1, Rainford Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Rainford Way, Birmingham is Northfield station which is 1.6 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 1, Rainford Way, Birmingham, 43.8% of property is privately owned with a mortgage and 19.8% is privately owned outright.
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 1, Rainford Way, Birmingham, 23.0% of residents are recorded as possessing school level qualifications and 25.3% 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 1, Rainford Way, Birmingham, the average age was 42.6 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 1, Rainford Way, Birmingham, 0.0% 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 1, Rainford Way, Birmingham, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.