According to the public record, 3, Burley Way, Birmingham is a mid-century house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burley Way, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
3, Burley Way, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
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 3 Burley Way Birmingham as £203,167 and the rental value as £1,110 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 3 Burley Way Birmingham has increased by £11,058 (5.4%) and its rental value has increased by £45 per month (4.0%).
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 3, Burley Way, Birmingham is in very good condition we estimate a sale value of £213,325 and rental value of £1,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,945 and a rental value of £1,033 per month.
If you were able to purchase this property for the estimated value of £203,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £999 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 3, Burley Way, Birmingham within a radius of 540 metres over the last 2 years.
The most recent example is 16, Burley Way, Birmingham, B38 8JN, a Freehold house which sold for £178,000 in Dec 2021.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burley Way, Birmingham, B38 has a total of 39 addresses. According to our analysis of all the public data, 3, Burley Way, Birmingham is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in B38.
3, Burley Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 3, Burley Way, Birmingham is Northfield station which is 1.5 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 3, Burley Way, Birmingham, 31.1% of property is privately owned outright and 31.1% is socially 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 3, Burley Way, Birmingham, 18.8% 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 3, Burley Way, Birmingham, the average age was 42.6 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 3, Burley 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 3, Burley Way, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.