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49 Romney Way is a residential building situated on Romney Way, Birmingham, B43 with 2 addresses.
It ranks as the 59th largest and 49th most expensive of the 135 buildings in the B43 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
49 Romney Way is a residential building situated on Romney Way, Birmingham, B43 with 2 addresses.
It ranks as the 59th largest and 49th most expensive of the 135 buildings in the B43 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £115,834 for 1 bedroom leasehold flats (387 ft2) to £122,534 for 2 bedroom leasehold flats (419 ft2) .
Monthly rental prices range from £716 pcm for 1 bed flats to £780 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.6%.
The average value per square foot is £295.
The last sale in 49 Romney Way sold for £110,000 on 26th January 2018. Since then prices are up an average of 29.0%.
The current average value in the building is £119,184.
The 49 Romney Way Sales Market has increased by 40.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £119,184 |
| May 2025 | 2.1% | £119,212 |
| May 2024 | 2.1% | £116,801 |
| May 2023 | -0.9% | £114,431 |
| May 2022 | 9.2% | £115,451 |
| May 2021 | 5.4% | £105,758 |
| May 2020 | 4.6% | £100,319 |
| May 2019 | 2.9% | £95,940 |
| May 2018 | 3.4% | £93,208 |
| May 2017 | 6% | £90,173 |
| May 2016 | 3.7% | £85,066 |
| May 2015 | 4.7% | £82,025 |
| May 2014 | 4.3% | £78,358 |
| May 2013 | 0.4% | £75,159 |
| May 2012 | -1% | £74,876 |
| May 2011 | -5.5% | £75,616 |
| May 2010 | 5.6% | £80,031 |
| May 2009 | -15.3% | £75,768 |
| May 2008 | -0.5% | £89,448 |
| May 2007 | 0% | £89,939 |
The current average rental value in the building is £748.
The 49 Romney Way Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £748pcm |
| May 2025 | 3.6% | £736pcm |
| May 2024 | 12.2% | £711pcm |
| May 2023 | 9.2% | £634pcm |
| May 2022 | 4.9% | £580pcm |
| May 2021 | 4.2% | £553pcm |
| May 2020 | 2.7% | £531pcm |
| May 2019 | 0.8% | £516pcm |
| May 2018 | -0.2% | £512pcm |
| May 2017 | 1.7% | £513pcm |
| May 2016 | 2.4% | £505pcm |
| May 2015 | 2.5% | £493pcm |
| May 2014 | 0.4% | £480pcm |
| May 2013 | 0.5% | £479pcm |
| May 2012 | 0.7% | £476pcm |
| May 2011 | 0.5% | £473pcm |
| May 2010 | 0.4% | £471pcm |
| May 2009 | -6% | £469pcm |
| May 2008 | 2.1% | £499pcm |
| May 2007 | 0% | £489pcm |
The last sale was on 26th January 2018 for £110,000 and since then the market in the area has increased by 29.0%. The building has had a total of 4 sales since 1995.
49, Romney Way, Birmingham, B43 7TL has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 49, Romney Way, Birmingham, B43 7TL is Hamstead (Birmingham) station which is 3.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 49, Romney Way, Birmingham, B43 7TL, 45.3% of property is privately owned with a mortgage and 34.5% is privately owned outright.
The graph below shows how this compares to West Midlands 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, Romney Way, Birmingham, B43 7TL, 19.5% of residents are recorded as possessing school level qualifications and 19.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 49, Romney Way, Birmingham, B43 7TL, the average age was 42.1 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 49, Romney Way, Birmingham, B43 7TL, 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, Romney Way, Birmingham, B43 7TL, 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.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.