Newman Way - B45 9LU
Key Postcode Insights
B45 9LU is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 22 addresses.
It ranks as the 391st largest and 315th most expensive of the 679 postcodes in the B45 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 21 houses and 1 flat.
- Ave. Sale Price
- £234,694
- 10 Year change
- up 49.9%
- Ave. Rental Price
- £1,260pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
B45 9LU is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 22 addresses.
It ranks as the 391st largest and 315th most expensive of the 679 postcodes in the B45 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 21 houses and 1 flat.
- Ave. Sale Price
- £234,694
- 10 Year change
- up 49.9%
- Ave. Rental Price
- £1,260pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £292/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin B45 9LU
- 17 Newman Way
2 Bed Modern Flat
- 19 Newman Way
3 Bed Modern House
- 21 Newman Way
3 Bed Modern House
- 23 Newman Way
3 Bed Modern House
- 25 Newman Way
3 Bed Modern House
Sales Market Trends
The last sale in B45 9LU sold for £240,000 on 17th February 2025. Since then prices are up an average of 4.1%.
The current average value in the postcode is £234,694.
The B45 9LU Sales Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £234,694 |
| June 2025 | 1.6% | £232,855 |
| June 2024 | 1.2% | £229,216 |
| June 2023 | 3% | £226,582 |
| June 2022 | 10.2% | £219,905 |
| June 2021 | 8.9% | £199,550 |
| June 2020 | 2.5% | £183,302 |
| June 2019 | 4% | £178,823 |
| June 2018 | 3.6% | £171,881 |
| June 2017 | 6% | £165,927 |
| June 2016 | 9.9% | £156,557 |
| June 2015 | 0.2% | £142,445 |
| June 2014 | 5.9% | £142,170 |
| June 2013 | 3.8% | £134,219 |
| June 2012 | -1.3% | £129,318 |
| June 2011 | -3.4% | £131,037 |
| June 2010 | 8.3% | £135,656 |
| June 2009 | -12% | £125,266 |
| June 2008 | -0.9% | £142,374 |
| June 2007 | 0% | £143,697 |
Rental Market Trends
The current average rental value in the postcode is £1,260.
The B45 9LU Rental Market has increased by 67.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,260pcm |
| June 2025 | 4.3% | £1,213pcm |
| June 2024 | 9.1% | £1,163pcm |
| June 2023 | 11.1% | £1,066pcm |
| June 2022 | 9.5% | £960pcm |
| June 2021 | 5.2% | £876pcm |
| June 2020 | 3.4% | £833pcm |
| June 2019 | 1.9% | £805pcm |
| June 2018 | 1.7% | £790pcm |
| June 2017 | 3% | £777pcm |
| June 2016 | 4.8% | £754pcm |
| June 2015 | 3.4% | £720pcm |
| June 2014 | 3.3% | £696pcm |
| June 2013 | 1.9% | £674pcm |
| June 2012 | 0.9% | £662pcm |
| June 2011 | -0.3% | £656pcm |
| June 2010 | 3% | £658pcm |
| June 2009 | -5.3% | £639pcm |
| June 2008 | -0.7% | £674pcm |
| June 2007 | 0% | £679pcm |
Sales History
The last sale was on 17th February 2025 for £240,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 38 sales since 1995.
B45 9LU has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£240,000 | 3 Bed House23, Newman Way, Birmingham, B45 9LU23, Newman Way, Birmingham, B45 9LU
- Sold Aug 2023£200,000 | 3 Bed House69, Newman Way, Birmingham, B45 9LU69, Newman Way, Birmingham, B45 9LU
- Sold Jan 2023£272,000 | 3 Bed House31, Newman Way, Birmingham, B45 9LU31, Newman Way, Birmingham, B45 9LU
- Sold Jul 2022£241,000 | 3 Bed House35, Newman Way, Birmingham, B45 9LU35, Newman Way, Birmingham, B45 9LU
- Sold Jul 2022£240,000 | 3 Bed House45, Newman Way, Birmingham, B45 9LU45, Newman Way, Birmingham, B45 9LU
Nearby Postcodes
B45 9LU is the 391st largest and the 315th most expensive postcode out of the 679 postcodes in the B45 area.
- B45 9LX, Newman Way, Rednal, Birmingham, B45B45 9LX14 Addresses|44 m away
- B45 9JZ, Hagley Park Drive, Rednal, Birmingham, B45B45 9JZ17 Addresses|51 m away
- B45 9LQ, Eachway Farm Close, Rednal, Birmingham, B45B45 9LQ14 Addresses|55 m away
- B45 9BQ, Quarry Walk, Rednal, Birmingham, B45B45 9BQ22 Addresses|92 m away
- B45 8EJ, Corinne Close, Rednal, Birmingham, B45B45 8EJ49 Addresses|110 m away
Property Types
- 11 modern houses built after 1980
- 1 modern flat built after 1980
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (11)
- modern flat (1)
- mid-century house (6)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (11)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jan 2023£272,000 | 3 Bed House31, Newman Way, Birmingham, B45 9LU31, Newman Way, Birmingham, B45 9LU
- Sold Apr 2022£260,000 | 3 Bed House43, Newman Way, Birmingham, B45 9LU43, Newman Way, Birmingham, B45 9LU
- Sold Jul 2022£241,000 | 3 Bed House35, Newman Way, Birmingham, B45 9LU35, Newman Way, Birmingham, B45 9LU
Schools Nearby
- St James Catholic Primary School200 m away
- Rednal Hill Junior School700 m away
- Rednal Hill Infant School700 m away
- Colmers School and Sixth Form College900 m away
- Waseley Hills High School1.3 km away
- King Edward VI Balaam Wood Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to B45 9LU is Longbridge station, which is 2.2 kilometres away.
- Longbridge|2.2 km away
- Barnt Green|3.5 km away
- Northfield|3.7 km away
- Alvechurch|5.8 km away
