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Farran Way is a residential street with 9 addresses.
It ranks as the 69th largest and 114th most expensive of the 503 streets in the B43 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 7 houses and 2 flats.
Farran Way is a residential street with 9 addresses.
It ranks as the 69th largest and 114th most expensive of the 503 streets in the B43 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 9 properties: 7 houses and 2 flats.
Sale prices range from £123,190 for 2 bedroom leasehold flats (742 ft2) to £262,854 for 3 bedroom leasehold houses with a garden (904 ft2) .
Monthly rental prices range from £775 pcm for 2 bed flats to £1,398 pcm for 3 bed houses.
The gross rental yield is between 6.4% and 7.6%.
The average value per square foot is £240.
The last sale on Farran Way sold for £200,000 on 16th November 2023. Since then prices are up an average of 7.1%.
The current average value in the street is £203,390.
The Farran Way Sales Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.2% | £203,390 |
| May 2025 | 2.8% | £200,997 |
| May 2024 | 0.9% | £195,518 |
| May 2023 | 2.5% | £193,737 |
| May 2022 | 11.4% | £188,947 |
| May 2021 | 7.2% | £169,670 |
| May 2020 | 5.5% | £158,277 |
| May 2019 | 3.6% | £150,011 |
| May 2018 | 6.7% | £144,838 |
| May 2017 | 5.5% | £135,742 |
| May 2016 | 4.6% | £128,664 |
| May 2015 | 3.1% | £122,955 |
| May 2014 | 3.3% | £119,233 |
| May 2013 | 1.7% | £115,384 |
| May 2012 | -1% | £113,434 |
| May 2011 | -3.8% | £114,545 |
| May 2010 | 2.9% | £119,047 |
| May 2009 | -14.3% | £115,723 |
| May 2008 | -0.4% | £135,046 |
| May 2007 | 0% | £135,597 |
The current average rental value in the street is £1,190.
The Farran Way Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,190pcm |
| May 2025 | 2.3% | £1,153pcm |
| May 2024 | 7.5% | £1,127pcm |
| May 2023 | 11.2% | £1,049pcm |
| May 2022 | 10.3% | £943pcm |
| May 2021 | 2.1% | £855pcm |
| May 2020 | 0.7% | £837pcm |
| May 2019 | 0.1% | £831pcm |
| May 2018 | 1.8% | £830pcm |
| May 2017 | 2.1% | £815pcm |
| May 2016 | 4.8% | £799pcm |
| May 2015 | 3.6% | £762pcm |
| May 2014 | 2.5% | £736pcm |
| May 2013 | 0.9% | £718pcm |
| May 2012 | 0.7% | £711pcm |
| May 2011 | 0.7% | £706pcm |
| May 2010 | 0.3% | £701pcm |
| May 2009 | -5.6% | £700pcm |
| May 2008 | 2.1% | £741pcm |
| May 2007 | 0% | £726pcm |
The last sale was on 16th November 2023 for £200,000 and since then the market in the area has increased by 7.1%. The street has had a total of 6 sales since 1995.
Farran Way, Birmingham, B43 has seen 2 sales in the last three years and no sales in the last twelve months.
Farran Way, Birmingham, B43 is the 69th largest and the 114th most expensive street in the B43 area.
There is 1 postcode on Farran Way, Birmingham, B43.
The closest station to Farran Way, Birmingham, B43 is Hamstead (Birmingham) station which is 1.1 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around Farran Way, Birmingham, B43, 42.0% of property is privately owned outright and 38.2% is privately owned with a mortgage.
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 Farran Way, Birmingham, B43, 21.9% of residents are recorded as possessing school level qualifications and 27.0% 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 Farran Way, Birmingham, B43, the average age was 41.2 and the most common age was 52.
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 Farran Way, Birmingham, B43, 0.6% 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 Farran Way, Birmingham, B43, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.