According to the public record, 15, Newmarket Way, Birmingham is a mid-century freehold house and with 775 ft2 of internal area and sits on a 295 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newmarket Way, Birmingham, B36 is located in the borough of Birmingham within the B36 postal district.
15, Newmarket Way, Birmingham has a single entry in the Land Registry database from November 2018 and no records in the EPC database.
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 15 Newmarket Way Birmingham as £212,326 and the rental value as £1,107 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 15 Newmarket Way Birmingham has increased by £10,383 (4.9%) and its rental value has increased by £66 per month (6.0%).
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 15, Newmarket Way, Birmingham is in very good condition we estimate a sale value of £222,942 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,463 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £212,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,044 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, 15, Newmarket Way, Birmingham sits on a plot of 295m2.
We have plot size data on 20 out of 29 other houses in the postcode and 15, Newmarket Way, Birmingham sits on the 2nd largest plot.
According to HM Land Registry, 15, Newmarket Way, Birmingham was last sold on 30 Nov 2018 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Newmarket Way, Birmingham within a radius of 184m over the last 2 years.
The most recent example is 17, Bromford Road, Birmingham, B36 8HU, a Freehold house which sold for £116,100 in Jan 2023.
Read more about house prices in B36.
Newmarket Way, Birmingham, B36 has a total of 29 addresses. According to our analysis of all the public data, 15, Newmarket Way, Birmingham is the 25th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in B36.
15, Newmarket Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 15, Newmarket Way, Birmingham is Gravelly Hill station which is 2.2 km 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 15, Newmarket Way, Birmingham, 29.4% of property is privately owned outright and 29.4% 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 15, Newmarket Way, Birmingham, 33.3% of residents are recorded as possessing school level qualifications and 24.6% 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 15, Newmarket Way, Birmingham, the average age was 31.4 and the most common age was 12.
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 15, Newmarket Way, Birmingham, 0.5% 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 15, Newmarket 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.