Newman Way - B45 9LY
Key Postcode Insights
B45 9LY is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 17 addresses.
It ranks as the 326th largest and 68th most expensive of the 679 postcodes in the B45 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 7 houses and 10 flats.
- Ave. Sale Price
- £161,633
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £227/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
B45 9LY is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 17 addresses.
It ranks as the 326th largest and 68th most expensive of the 679 postcodes in the B45 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 7 houses and 10 flats.
- Ave. Sale Price
- £161,633
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £947pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £227/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin B45 9LY
- 58 Newman Way
3 Bed Mid-century House
- 60 Newman Way
Unknown
- 62 Newman Way
Unknown
- 64 Newman Way
Unknown
- 66 Newman Way
Building | 4 Flats
Sales Market Trends
The last sale in B45 9LY sold for £145,000 on 6th November 2023. Since then prices are up an average of 11.0%.
The current average value in the postcode is £161,633.
The B45 9LY Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £161,633 |
| June 2025 | 1.2% | £161,857 |
| June 2024 | 1.5% | £159,947 |
| June 2023 | 2.4% | £157,652 |
| June 2022 | 8.7% | £154,021 |
| June 2021 | 7.9% | £141,652 |
| June 2020 | 2.4% | £131,221 |
| June 2019 | 3.2% | £128,132 |
| June 2018 | 2.9% | £124,154 |
| June 2017 | 5.1% | £120,708 |
| June 2016 | 9.1% | £114,845 |
| June 2015 | -0.2% | £105,283 |
| June 2014 | 5.7% | £105,449 |
| June 2013 | 3.3% | £99,793 |
| June 2012 | -1.5% | £96,615 |
| June 2011 | -3.6% | £98,114 |
| June 2010 | 8.5% | £101,773 |
| June 2009 | -12% | £93,775 |
| June 2008 | -1.5% | £106,526 |
| June 2007 | 0% | £108,112 |
Rental Market Trends
The current average rental value in the postcode is £947.
The B45 9LY Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £947pcm |
| June 2025 | 3.9% | £919pcm |
| June 2024 | 9.4% | £885pcm |
| June 2023 | 10.3% | £809pcm |
| June 2022 | 8.1% | £733pcm |
| June 2021 | 4.3% | £678pcm |
| June 2020 | 3.3% | £650pcm |
| June 2019 | 1.1% | £630pcm |
| June 2018 | 1% | £623pcm |
| June 2017 | 2.1% | £616pcm |
| June 2016 | 4% | £604pcm |
| June 2015 | 3.1% | £581pcm |
| June 2014 | 3% | £563pcm |
| June 2013 | 1.4% | £547pcm |
| June 2012 | 0.6% | £539pcm |
| June 2011 | -0.5% | £536pcm |
| June 2010 | 3.2% | £538pcm |
| June 2009 | -5.2% | £522pcm |
| June 2008 | -1.3% | £550pcm |
| June 2007 | 0% | £557pcm |
Sales History
The last sale was on 6th November 2023 for £145,000 and since then the market in the area has increased by 11.0%. The postcode has had a total of 24 sales since 1995.
B45 9LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£145,000 | 2 Bed Flat68A, Newman Way, Birmingham, B45 9LY68A, Newman Way, Birmingham, B45 9LY
- Sold Dec 2021£171,000 | 3 Bed House70C, Newman Way, Birmingham, B45 9LY70C, Newman Way, Birmingham, B45 9LY
- Sold Aug 2021£227,000 | 3 Bed House70D, Newman Way, Birmingham, B45 9LY70D, Newman Way, Birmingham, B45 9LY
- Sold Aug 2021£227,000 | 3 Bed House70D, Newman Way, Birmingham, B45 9LY70D, Newman Way, Birmingham, B45 9LY
- Sold Aug 2020£152,500 | 3 Bed House70, Newman Way, Birmingham, B45 9LY70, Newman Way, Birmingham, B45 9LY
Nearby Postcodes
B45 9LY is the 326th largest and the 68th most expensive postcode out of the 679 postcodes in the B45 area.
- B45 9LE, Waterhaynes Close, Rednal, Birmingham, B45B45 9LE29 Addresses|48 m away
- B45 9LF, Raybon Croft, Rednal, Birmingham, B45B45 9LF11 Addresses|76 m away
- B45 9NB, Newey Close, Rednal, Birmingham, B45B45 9NB12 Addresses|109 m away
- B45 9JZ, Hagley Park Drive, Rednal, Birmingham, B45B45 9JZ17 Addresses|113 m away
- B45 9NA, Farmdale Grove, Rednal, Birmingham, B45B45 9NA58 Addresses|114 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 16 other addresses of unknown type
- mid-century house (1)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (8)
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 School300 m away
- Rednal Hill Junior School700 m away
- Rednal Hill Infant School700 m away
- Colmers School and Sixth Form College1.0 km away
- Waseley Hills High School1.3 km away
- King Edward VI Balaam Wood Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to B45 9LY is Longbridge station, which is 2.2 kilometres away.
- Longbridge|2.2 km away
- Barnt Green|3.4 km away
- Northfield|3.7 km away
- Alvechurch|5.7 km away
