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Rake Way is a residential street with 9 addresses.
It ranks as the 39th largest and 62nd most expensive of the 208 streets in the B15 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 9 properties: 9 flats.
Rake Way is a residential street with 9 addresses.
It ranks as the 39th largest and 62nd most expensive of the 208 streets in the B15 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 9 properties: 9 flats.
Sale prices range from £121,704 for 1 bedroom Leasehold flats (376 ft2) to £176,650 for 2 bedroom Leasehold flats (516 ft2) .
Monthly rental prices range from £683 pcm for 1 bed flats to £966 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 6.7%.
The average value per square foot is £342.
The current average value in the street is £170,545.
The Rake Way Sales Market has decreased by 3.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -9.1% | £170,545 |
| April 2025 | 0.3% | £187,634 |
| April 2024 | -5.5% | £187,017 |
| April 2023 | -1.5% | £197,803 |
| April 2022 | 1.3% | £200,830 |
| April 2021 | 3.4% | £198,289 |
| April 2020 | -3% | £191,849 |
| April 2019 | 1.6% | £197,783 |
| April 2018 | 4% | £194,754 |
| April 2017 | 6.3% | £187,294 |
| April 2016 | 10.3% | £176,249 |
| April 2015 | 8.6% | £159,841 |
| April 2014 | -0.4% | £147,170 |
| April 2013 | 2.8% | £147,822 |
| April 2012 | -2.7% | £143,747 |
| April 2011 | -0.4% | £147,719 |
| April 2010 | 4.6% | £148,302 |
| April 2009 | -14.3% | £141,824 |
| April 2008 | -5% | £165,433 |
| April 2007 | 0% | £174,223 |
The current average rental value in the street is £935.
The Rake Way Rental Market has increased by 28.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.1% | £935pcm |
| April 2025 | -0.8% | £934pcm |
| April 2024 | 8.1% | £942pcm |
| April 2023 | 11.3% | £871pcm |
| April 2022 | 7.7% | £783pcm |
| April 2021 | 0% | £727pcm |
| April 2020 | 1.8% | £727pcm |
| April 2019 | -0.2% | £714pcm |
| April 2018 | -1.2% | £716pcm |
| April 2017 | -0.9% | £724pcm |
| April 2016 | 7.2% | £731pcm |
| April 2015 | 2.4% | £682pcm |
| April 2014 | 2.2% | £666pcm |
| April 2013 | 1.1% | £651pcm |
| April 2012 | -0.3% | £645pcm |
| April 2011 | 2.3% | £647pcm |
| April 2010 | 0.3% | £632pcm |
| April 2009 | -5.1% | £631pcm |
| April 2008 | 1.8% | £665pcm |
| April 2007 | 0% | £653pcm |
Rake Way, Birmingham, B15 is the 39th largest and the 62nd most expensive street in the B15 area.
There is 1 postcode on Rake Way, Birmingham, B15.
The closest station to Rake Way, Birmingham, B15 is Five Ways station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Rake Way, Birmingham, B15, 62.6% of property is socially rented and 20.5% is privately rented.
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 Rake Way, Birmingham, B15, 9.9% of residents are recorded as possessing school level qualifications and 41.0% 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 Rake Way, Birmingham, B15, the average age was 31 and the most common age was 22.
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 Rake Way, Birmingham, B15, 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 Rake Way, Birmingham, B15, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.