According to the public record, 51, Forest Way, Birmingham is a mid-century freehold house with 1,280 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Forest Way, Hollywood, Birmingham, B47 is located in the borough of Bromsgrove within the B47 postal district.
51, Forest Way, Birmingham has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated June 2017.
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 51 Forest Way Birmingham as £363,545 and the rental value as £1,441 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 51 Forest Way Birmingham has increased by £6,410 (1.8%) and its rental value has increased by £8 per month (0.6%).
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 51, Forest Way, Birmingham is in very good condition we estimate a sale value of £381,722 and rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,097 and a rental value of £1,340 per month.
If you were able to purchase this property for the estimated value of £363,545, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,787 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 data from HM Land Registry, 51, Forest Way, Birmingham sits on a plot of 223m2.
We have plot size data on 17 out of 30 other houses in the postcode and 51, Forest Way, Birmingham sits on the 8th largest plot.
According to HM Land Registry, 51, Forest Way, Birmingham was last sold on 11 Aug 2017 for £218,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, 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 51, Forest Way, Birmingham within a radius of 630 metres over the last 2 years.
The most recent example is 24, Heath Road, Birmingham, B47 5LR, a Leasehold house which sold for £463,000 in Dec 2023.
Read more about house prices in B47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Way, Hollywood, Birmingham, B47 has a total of 52 addresses. According to our analysis of all the public data, 51, Forest Way, Birmingham is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in B47.
51, Forest Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2017.
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 51, Forest Way, Birmingham is Wythall station which is 1.3 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 51, Forest Way, Birmingham, 43.2% of property is socially rented and 24.0% is privately owned outright.
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 51, Forest Way, Birmingham, 19.1% of residents are recorded as possessing school level qualifications and 25.6% 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 51, Forest Way, Birmingham, the average age was 45.3 and the most common age was 57.
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 51, Forest 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 51, Forest 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.