According to the public record, 44, Foster Way, Birmingham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 284 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Foster Way, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
44, Foster Way, Birmingham has a single entry in the Land Registry database from January 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 44 Foster Way Birmingham as £72,683 and the rental value as £417 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 44 Foster Way Birmingham has increased by £2,752 (3.8%) and its rental value has increased by £8 per month (1.9%).
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 44, Foster Way, Birmingham is in very good condition we estimate a sale value of £76,317 and rental value of £438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,595 and a rental value of £388 per month.
If you were able to purchase this property for the estimated value of £72,683, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £357 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, 44, Foster Way, Birmingham was last sold on 19 Jan 2017 for £20,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 510 metres radius of 44, Foster Way, Birmingham over the last 2 years.
The most recent example is 42, Foster Way, Birmingham, B5 7QJ, a Leasehold flat which sold for £120,000 in May 2022.
Read more about house prices in B5.
Foster Way, Birmingham, B5 has a total of 40 addresses. According to our analysis of all the public data, 44, Foster Way, Birmingham is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in B5.
The closest station to 44, Foster Way, Birmingham is Five Ways station which is 1.6 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 44, Foster Way, Birmingham, 33.6% of property is privately rented and 28.1% 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 44, Foster Way, Birmingham, 35.5% of residents are recorded as possessing school level qualifications and 47.6% 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 44, Foster Way, Birmingham, the average age was 31.9 and the most common age was 17.
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 44, Foster Way, Birmingham, 0.3% 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 44, Foster Way, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.