According to the public record, 24, Brook Way, Birmingham is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brook Way, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
24, Brook Way, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 24 Brook Way Birmingham as £193,509 and the rental value as £1,249 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 24 Brook Way Birmingham has increased by £9,380 (4.8%) and its rental value has increased by £36 per month (2.8%).
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 24, Brook Way, Birmingham is in very good condition we estimate a sale value of £203,184 and rental value of £1,312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,963 and a rental value of £1,162 per month.
If you were able to purchase this property for the estimated value of £193,509, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £951 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Brook Way, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is 153, Shenstone Road, Birmingham, B16 0PF, a Leasehold flat which sold for £175,000 in Jul 2023.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Way, Birmingham, B16 has a total of 26 addresses. According to our analysis of all the public data, 24, Brook Way, Birmingham is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in B16.
24, Brook Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 24, Brook Way, Birmingham is Smethwick Rolfe Street station which is 2.0 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 24, Brook Way, Birmingham, 48.2% of property is privately owned with a mortgage and 24.4% is privately rented.
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 24, Brook Way, Birmingham, 31.5% of residents are recorded as possessing school level qualifications and 56.1% 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 24, Brook Way, Birmingham, the average age was 36.4 and the most common age was 22.
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 24, Brook Way, Birmingham, 0.2% 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 24, Brook 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.