According to the public record, 10, Cole Way, Birmingham is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Cole Way, Birmingham, B34 is located in the borough of Birmingham within the B34 postal district.
10, Cole Way, Birmingham has 2 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated December 2014.
We combine this information with that 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 10 Cole Way Birmingham as £111,413 and the rental value as £599 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 10 Cole Way Birmingham has increased by £1,578 (1.4%) and its rental value has increased by £18 per month (2.9%).
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 10, Cole Way, Birmingham is in very good condition we estimate a sale value of £116,984 and rental value of £629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,614 and a rental value of £557 per month.
If you were able to purchase this property for the estimated value of £111,413, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £548 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 HM Land Registry, 10, Cole Way, Birmingham was last sold on 11 Jul 2014 for £83,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Cole Way, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is 103, Shard End Crescent, Birmingham, B34 7AE, a Leasehold flat which sold for £80,500 in Sep 2018.
Read more about house prices in B34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cole Way, Birmingham, B34 has a total of 8 addresses. According to our analysis of all the public data, 10, Cole Way, Birmingham is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in B34.
10, Cole Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 10, Cole Way, Birmingham is Lea Hall 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 10, Cole Way, Birmingham, 62.9% of property is privately rented and 21.7% 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 10, Cole Way, Birmingham, 14.1% of residents are recorded as possessing school level qualifications and 71.5% 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 10, Cole Way, Birmingham, the average age was 37.9 and the most common age was 32.
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 10, Cole Way, Birmingham, 0.7% 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 10, Cole Way, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.