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Palmers Way is a residential street with 16 addresses.
It ranks as the 61st largest and 160th most expensive of the 210 streets in the B28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 16 properties: 13 houses and 3 flats.
Palmers Way is a residential street with 16 addresses.
It ranks as the 61st largest and 160th most expensive of the 210 streets in the B28 area. The dominant property type is a modern house built after 1980.
The street contains a total of 16 properties: 13 houses and 3 flats.
Sale prices range from £118,983 for 1 bedroom Leasehold flats (430 ft2) to £399,849 for 4 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £653 pcm for 1 bed flats to £1,424 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 6.6%.
The average value per square foot is £383.
The last sale on Palmers Way sold for £604,825 on 6th December 2023. Since then prices are down an average of 0.2%.
The current average value in the street is £317,650.
The Palmers Way Sales Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1% | £317,650 |
| May 2025 | 1.7% | £320,809 |
| May 2024 | -1% | £315,506 |
| May 2023 | 5.2% | £318,842 |
| May 2022 | 8.8% | £303,128 |
| May 2021 | 4.4% | £278,521 |
| May 2020 | 3.1% | £266,842 |
| May 2019 | 4.3% | £258,753 |
| May 2018 | 5.3% | £248,203 |
| May 2017 | 9.2% | £235,716 |
| May 2016 | 6.1% | £215,832 |
| May 2015 | 3.5% | £203,423 |
| May 2014 | 4.1% | £196,573 |
| May 2013 | 1.9% | £188,905 |
| May 2012 | -2.8% | £185,416 |
| May 2011 | -0.7% | £190,831 |
| May 2010 | 6.6% | £192,267 |
| May 2009 | -12.2% | £180,339 |
| May 2008 | -1.6% | £205,392 |
| May 2007 | 0% | £208,695 |
The current average rental value in the street is £1,225.
The Palmers Way Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.4% | £1,225pcm |
| May 2025 | 2.9% | £1,208pcm |
| May 2024 | 9.5% | £1,174pcm |
| May 2023 | 10.4% | £1,072pcm |
| May 2022 | 7.2% | £971pcm |
| May 2021 | 5.4% | £906pcm |
| May 2020 | 0.9% | £859pcm |
| May 2019 | 0.7% | £851pcm |
| May 2018 | 2.2% | £846pcm |
| May 2017 | 2.9% | £828pcm |
| May 2016 | 4.3% | £805pcm |
| May 2015 | 4.7% | £771pcm |
| May 2014 | 2.1% | £736pcm |
| May 2013 | 0.3% | £721pcm |
| May 2012 | 1.3% | £719pcm |
| May 2011 | 3.2% | £710pcm |
| May 2010 | 3.9% | £688pcm |
| May 2009 | -2.2% | £662pcm |
| May 2008 | 1.7% | £677pcm |
| May 2007 | 0% | £666pcm |
The last sale was on 6th December 2023 for £604,825 and since then the market in the area has decreased by 0.2%. The street has had a total of 6 sales since 1995.
Palmers Way, Birmingham, B28 has seen 6 sales in the last three years and no sales in the last twelve months.
Palmers Way, Birmingham, B28 is the 61st largest and the 160th most expensive street in the B28 area.
There is 1 postcode on Palmers Way, Birmingham, B28.
The closest station to Palmers Way, Birmingham, B28 is Spring Road station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Palmers Way, Birmingham, B28, 33.6% of property is privately owned outright and 33.6% 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 Palmers Way, Birmingham, B28, 33.9% of residents are recorded as possessing school level qualifications and 28.2% 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 Palmers Way, Birmingham, B28, the average age was 33.2 and the most common age was 7.
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 Palmers Way, Birmingham, B28, 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 Palmers Way, Birmingham, B28, 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.