According to the public record, 19, Forest Way, Birmingham is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Forest Way, Hollywood, Birmingham, B47 is located in the borough of Bromsgrove within the B47 postal district.
19, Forest Way, Birmingham has 4 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated May 2023.
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 19 Forest Way Birmingham as £158,429 and the rental value as £964 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 19 Forest Way Birmingham has increased by £7,463 (4.7%) and its rental value has increased by £34 per month (3.5%).
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 19, Forest Way, Birmingham is in very good condition we estimate a sale value of £166,350 and rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,339 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £158,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £779 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, 19, Forest Way, Birmingham was last sold on 31 Jul 2023 for £150,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 19, Forest Way, Birmingham within a radius of 710 metres over the last 2 years.
The most recent example is 49, Poplar Trees, May Farm Close, Birmingham, B47 5DN, a Leasehold flat which sold for £120,000 in Feb 2017.
Read more about house prices in B47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Way, Hollywood, Birmingham, B47 has a total of 52 addresses. According to our analysis of all the public data, 19, Forest Way, Birmingham is the 19th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in B47.
19, Forest Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2023.
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 19, Forest Way, Birmingham is Wythall station which is 1.3 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 19, Forest Way, Birmingham, 43.2% of property is socially rented and 24.0% 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 19, Forest Way, Birmingham, 19.1% of residents are recorded as possessing school level qualifications and 25.6% 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 19, Forest Way, Birmingham, the average age was 45.3 and the most common age was 57.
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 19, Forest 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 19, Forest Way, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.