According to the public record, 6, Butler Way, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,526 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Butler Way, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
6, Butler Way, Birmingham has a single entry in the Land Registry database from June 2008 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 6 Butler Way Birmingham as £400,952 and the rental value as £1,550 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 6 Butler Way Birmingham has increased by £18,301 (4.6%) and its rental value has increased by £40 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 6, Butler Way, Birmingham is in very good condition we estimate a sale value of £420,999 and rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,885 and a rental value of £1,441 per month.
If you were able to purchase this property for the estimated value of £400,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,971 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, 6, Butler Way, Birmingham was last sold on 27 Jun 2008 for £234,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Butler Way, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is 9, Brook Way, Birmingham, B16 0QR, a Freehold house which sold for £405,000 in Apr 2022.
Read more about house prices in B16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butler Way, Birmingham, B16 has a total of 5 addresses. According to our analysis of all the public data, 6, Butler Way, Birmingham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in B16.
The closest station to 6, Butler Way, Birmingham is Smethwick Rolfe Street station which is 2.1 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 6, Butler Way, Birmingham, 48.2% of property is privately owned with a mortgage and 24.4% is privately 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 6, Butler Way, Birmingham, 31.5% of residents are recorded as possessing school level qualifications and 56.1% 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 6, Butler Way, Birmingham, the average age was 36.4 and the most common age was 22.
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 6, Butler Way, Birmingham, 0.2% 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 6, Butler 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.