According to the public record, 111, Heath Way, Birmingham is a early-century freehold house with 815 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Heath Way, Birmingham, B34 is located in the borough of Birmingham within the B34 postal district.
111, Heath Way, Birmingham has 3 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated August 2010.
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 111 Heath Way Birmingham as £268,700 and the rental value as £1,186 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 111 Heath Way Birmingham has increased by £8,820 (3.3%) and its rental value has increased by £56 per month (4.7%).
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 111, Heath Way, Birmingham is in very good condition we estimate a sale value of £282,135 and rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,891 and a rental value of £1,103 per month.
If you were able to purchase this property for the estimated value of £268,700, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,321 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, 111, Heath Way, Birmingham sits on a plot of 257m2.
We have plot size data on 30 out of 44 other houses in the postcode and 111, Heath Way, Birmingham sits on the 24th largest plot.
According to HM Land Registry, 111, Heath Way, Birmingham was last sold on 01 Mar 2017 for £190,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has risen 44.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Heath Way, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 94, Heath Way, Birmingham, B34 6NB, a Freehold house which sold for £270,000 in Jan 2023.
Read more about house prices in B34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Way, Birmingham, B34 has a total of 410 addresses. According to our analysis of all the public data, 111, Heath Way, Birmingham is the 146th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in B34.
111, Heath Way, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Aug 2010.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to 111, Heath Way, Birmingham is Stechford station which is 1.9 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 111, Heath Way, Birmingham, 40.2% of property is privately owned outright and 22.1% 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 111, Heath Way, Birmingham, 21.3% of residents are recorded as possessing school level qualifications and 21.1% 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 111, Heath 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 111, Heath 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 111, Heath 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.