Newman Way - B45 9LZ
Key Postcode Insights
B45 9LZ is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 39 addresses.
It ranks as the 579th largest and 23rd most expensive of the 679 postcodes in the B45 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 19 houses and 20 flats.
- Ave. Sale Price
- £128,752
- 10 Year change
- up 46.2%
- Ave. Rental Price
- £780pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
B45 9LZ is a residential postcode situated on Newman Way, Rednal, Birmingham, B45 with 39 addresses.
It ranks as the 579th largest and 23rd most expensive of the 679 postcodes in the B45 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 19 houses and 20 flats.
- Ave. Sale Price
- £128,752
- 10 Year change
- up 46.2%
- Ave. Rental Price
- £780pcm
- 10 Year change
- up 62.9%
- Ave. £ per ft²
- £240/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin B45 9LZ
- 72 Newman Way
Mid-century Building | 6 Units
- 74 Newman Way
1 Bed Modern Flat
- 76 Newman Way
Unknown
- 78 Newman Way
1 Bed Modern Flat
- 80 Newman Way
Unknown
Sales Market Trends
The last sale in B45 9LZ sold for £5,200 on 2nd June 2023. Since then prices are up an average of 3.4%.
The current average value in the postcode is £128,752.
The B45 9LZ Sales Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £128,752 |
| June 2025 | 1.4% | £128,144 |
| June 2024 | 1.4% | £126,419 |
| June 2023 | 3% | £124,678 |
| June 2022 | 9.5% | £121,056 |
| June 2021 | 8.4% | £110,508 |
| June 2020 | 2.3% | £101,954 |
| June 2019 | 3.9% | £99,618 |
| June 2018 | 2.8% | £95,883 |
| June 2017 | 5.9% | £93,277 |
| June 2016 | 10% | £88,068 |
| June 2015 | 0.1% | £80,081 |
| June 2014 | 5.3% | £80,005 |
| June 2013 | 3.6% | £75,987 |
| June 2012 | -1.2% | £73,354 |
| June 2011 | -3.8% | £74,245 |
| June 2010 | 8.5% | £77,178 |
| June 2009 | -12.8% | £71,150 |
| June 2008 | -0.8% | £81,602 |
| June 2007 | 0% | £82,253 |
Rental Market Trends
The current average rental value in the postcode is £780.
The B45 9LZ Rental Market has increased by 62.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £780pcm |
| June 2025 | 4% | £753pcm |
| June 2024 | 9.3% | £724pcm |
| June 2023 | 11% | £662pcm |
| June 2022 | 8.9% | £596pcm |
| June 2021 | 4.7% | £547pcm |
| June 2020 | 3.2% | £523pcm |
| June 2019 | 1.8% | £506pcm |
| June 2018 | 0.9% | £497pcm |
| June 2017 | 2.9% | £493pcm |
| June 2016 | 4.8% | £479pcm |
| June 2015 | 3.3% | £457pcm |
| June 2014 | 2.6% | £442pcm |
| June 2013 | 1.7% | £431pcm |
| June 2012 | 1% | £424pcm |
| June 2011 | -0.7% | £419pcm |
| June 2010 | 3.2% | £422pcm |
| June 2009 | -6.1% | £409pcm |
| June 2008 | -0.6% | £436pcm |
| June 2007 | 0% | £439pcm |
Sales History
The last sale was on 2nd June 2023 for £5,200 and since then the market in the area has increased by 3.4%. The postcode has had a total of 53 sales since 1995.
B45 9LZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£5,200 | FlatFlat 1, 72, Newman Way, Birmingham, B45 9LZFlat 1, 72, Newman Way, Birmingham, B45 9LZ
- Sold Dec 2022£178,000 | 3 Bed House100, Newman Way, Birmingham, B45 9LZ100, Newman Way, Birmingham, B45 9LZ
- Sold Dec 2022£120,000 | 2 Bed House112, Newman Way, Birmingham, B45 9LZ112, Newman Way, Birmingham, B45 9LZ
- Sold Apr 2022£200,000 | 3 Bed House122, Newman Way, Birmingham, B45 9LZ122, Newman Way, Birmingham, B45 9LZ
- Sold Dec 2021£55,000 | FlatFlat 6, 106, Newman Way, Birmingham, B45 9LZFlat 6, 106, Newman Way, Birmingham, B45 9LZ
Nearby Postcodes
B45 9LZ is the 579th largest and the 23rd most expensive postcode out of the 679 postcodes in the B45 area.
- B45 9ND, Newman Way, Rednal, Birmingham, B45B45 9ND14 Addresses|33 m away
- B45 9NF, Peakman Close, Rednal, Birmingham, B45B45 9NF10 Addresses|60 m away
- B45 9NE, Well Meadow, Rednal, Birmingham, B45B45 9NE8 Addresses|61 m away
- B45 9NA, Farmdale Grove, Rednal, Birmingham, B45B45 9NA58 Addresses|95 m away
- B45 9LH, Eachway Lane, Rednal, Birmingham, B45B45 9LH2 Addresses|101 m away
Property Types
- 1 modern house built after 1980
- 12 modern flats built after 1980
- 10 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 2 houses of an unknown age
- 8 other addresses of unknown type
- modern house (1)
- modern flat (12)
- mid-century house (10)
- mid-century flat (6)
- house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (6)
- G (0)
- D (16)
- No EPC (11)
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 School500 m away
- Rednal Hill Junior School800 m away
- Rednal Hill Infant School800 m away
- Colmers School and Sixth Form College1.1 km away
- Waseley Hills High School1.4 km away
- King Edward VI Balaam Wood Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to B45 9LZ is Longbridge station, which is 2.2 kilometres away.
- Longbridge|2.2 km away
- Barnt Green|3.2 km away
- Northfield|3.8 km away
- Alvechurch|5.5 km away
