According to the public record, 8, Iron Way, Birmingham is a modern freehold house with 925 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Iron Way, Birmingham, B30 is located in the borough of Birmingham within the B30 postal district.
8, Iron Way, Birmingham has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated July 2019.
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 good condition, we estimate the current sale value for 8 Iron Way Birmingham as £312,986 and the rental value as £1,425 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Iron Way Birmingham has increased by £16,881 (5.4%) and its rental value has increased by £42 per month (2.9%).
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 8, Iron Way, Birmingham is in very good condition we estimate a sale value of £328,635 and rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,077 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £312,986, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,538 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, 8, Iron Way, Birmingham sits on a plot of 171m2.
We have plot size data on 35 out of 35 other houses in the postcode and 8, Iron Way, Birmingham sits on the 23rd largest plot.
According to HM Land Registry, 8, Iron Way, Birmingham was last sold on 15 Nov 2019 for £263,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Iron Way, Birmingham within a radius of 530 metres over the last 2 years.
The most recent example is 2, Foundry Walk, Birmingham, B30 3AW, a Freehold house which sold for £330,000 in Sep 2023.
Read more about house prices in B30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iron Way, Birmingham, B30 has a total of 35 addresses. According to our analysis of all the public data, 8, Iron Way, Birmingham is the 15th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in B30.
8, Iron Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Iron Way, Birmingham is Bournville station which is 500 metres 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 8, Iron Way, Birmingham, 42.1% of property is privately owned with a mortgage and 27.5% 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 8, Iron Way, Birmingham, 14.0% of residents are recorded as possessing school level qualifications and 48.8% 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 8, Iron Way, Birmingham, the average age was 38.6 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 8, Iron 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 8, Iron Way, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.