1, Aero Way
1, Aero Way
Description & Estimates
Public records show 1, Aero Way, Birmingham to be a modern freehold house with 1,765 ft2 of internal area, sitting on a 558 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Aero Way, Birmingham has an estimated sale value of £551,116 and an estimated rental value of £1,788 per month, assuming reasonable condition and based on the information available.
Aero Way, Cofton Hackett, Birmingham, B45 lies in the borough of Bromsgrove, within the B45 postal district.
Our Data Sources
1, Aero Way, Birmingham has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Aero Way, Birmingham would be worth £578,671, with a potential rental value of £1,877 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £512,538, with a rental value of £1,663 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Aero Way, Birmingham has risen by £573 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £66 (3.7%). The property's estimated gross yield is currently 3.9%.
Plot Size
1, Aero Way, Birmingham occupies a 558 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1, Aero Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Aero Way, Birmingham last changed hands on 22nd December 2020, selling for £490,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 17.7% since December 2020.
- Sold Dec 2020£490,000
- Sold Dec 2015£440,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 1, Aero Way, Birmingham across the last 2 years.
Most recently, 8, Shadow Close, Birmingham, B45 8GQ, a freehold house, sold at £546,700 on the 23rd September 2022.
Read more about house prices in B45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Aero Way, Birmingham as the 7th largest and the 7th most expensive of the 9 addresses on Aero Way, Cofton Hackett, Birmingham, B45.
Against the B45 postcode district average, it is £252k more expensive than the typical property.
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Schools Nearby
- 1.6kmRednal Hill Junior School
- 1.6kmRednal Hill Infant School
- 1.6kmCofton Primary School
- 2.1kmColmers School and Sixth Form College
- 2.3kmTurves Green Boys' School
- 2.7kmKing Edward VI Northfield School for Girls
More reading links
Public Transport Nearby
Longbridge station is the nearest stop to 1, Aero Way, Birmingham at 1.9 kilometres away.
- 1.9kmLongbridge
- 2.1kmBarnt Green
- 3.4kmNorthfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
