According to the public record, 46, Foster Way, Birmingham is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Foster Way, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
46, Foster Way, Birmingham has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated February 2015.
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 46 Foster Way Birmingham as £104,896 and the rental value as £605 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 46 Foster Way Birmingham has increased by £4,654 (4.4%) and its rental value has increased by £16 per month (2.6%).
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 46, Foster Way, Birmingham is in very good condition we estimate a sale value of £110,141 and rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,553 and a rental value of £563 per month.
If you were able to purchase this property for the estimated value of £104,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £516 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, 46, Foster Way, Birmingham was last sold on 10 Mar 2015 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Foster Way, Birmingham within a radius of 510 metres over the last 2 years.
The most recent example is 54, Foster Way, Birmingham, B5 7QJ, a Leasehold flat which sold for £99,000 in Aug 2022.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foster Way, Birmingham, B5 has a total of 40 addresses. According to our analysis of all the public data, 46, Foster Way, Birmingham is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in B5.
46, Foster Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2015.
The property is connected to mains gas and has some secondary glazing. It is heated using warm air.
The closest station to 46, 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 46, 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 46, 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 46, 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 46, 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 46, 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.