According to the public record, 102, Newman Way, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 850 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Newman Way, Rednal, Birmingham, B45 is located in the borough of Birmingham within the B45 postal district.
102, Newman Way, Birmingham has a single entry in the Land Registry database from December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 102 Newman Way Birmingham as £220,521 and the rental value as £1,113 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 102 Newman Way Birmingham has increased by £11,266 (5.1%) and its rental value has increased by £40 per month (3.6%).
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 102, Newman Way, Birmingham is in very good condition we estimate a sale value of £231,547 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,085 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £220,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,084 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, 102, Newman Way, Birmingham was last sold on 21 Dec 2006 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 102, Newman Way, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 15, Farmdale Grove, Birmingham, B45 9NA, a Freehold house which sold for £208,500 in May 2024.
Read more about house prices in B45.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newman Way, Rednal, Birmingham, B45 has a total of 112 addresses. According to our analysis of all the public data, 102, Newman Way, Birmingham is the 35th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in B45.
The closest station to 102, Newman Way, Birmingham is Longbridge station which is 2.2 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 102, Newman Way, Birmingham, 29.2% of property is privately owned outright and 29.2% 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 102, Newman Way, Birmingham, 17.5% of residents are recorded as possessing school level qualifications and 18.9% 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 102, Newman Way, Birmingham, 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 102, Newman Way, Birmingham, 0.4% 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 102, Newman Way, Birmingham, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.