According to the public record, 49, Horne Way, Birmingham is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Horne Way, Birmingham, B34 is located in the borough of Birmingham within the B34 postal district.
49, Horne Way, Birmingham has no records in the Land Registry database and a single entry in the EPC database dated May 2020.
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 49 Horne Way Birmingham as £76,097 and the rental value as £542 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 49 Horne Way Birmingham has increased by £1,253 (1.6%) and its rental value has increased by £18 per month (3.3%).
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 49, Horne Way, Birmingham is in very good condition we estimate a sale value of £79,902 and rental value of £569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,771 and a rental value of £504 per month.
If you were able to purchase this property for the estimated value of £76,097, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £374 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 1 sale of a property similar to 49, Horne Way, Birmingham within a radius of 600 metres over the last 2 years.
The most recent example is 14, Otter Croft, Birmingham, B34 7SE, a Leasehold flat which sold for £64,000 in Sep 2016.
Read more about house prices in B34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horne Way, Birmingham, B34 has a total of 61 addresses. According to our analysis of all the public data, 49, Horne Way, Birmingham is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in B34.
49, Horne Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 May 2020.
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 49, Horne Way, Birmingham is Lea Hall 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 49, Horne Way, Birmingham, 67.5% of property is socially rented and 17.1% is privately owned with a mortgage.
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 49, Horne Way, Birmingham, 30.6% of residents are recorded as possessing school level qualifications and 13.3% 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 49, Horne Way, Birmingham, the average age was 36.8 and the most common age was 32.
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 49, Horne 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 49, Horne 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.