11, Newman Way
11, Newman Way
Description & Estimates
The public record describes 11, Newman Way, Birmingham as a mid-century apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
11, Newman Way, Birmingham has an estimated sale value of £83,542 and an estimated rental value of £499 per month, assuming reasonable condition and based on the information available.
Newman Way, Rednal, Birmingham, B45 lies in the borough of Birmingham, within the B45 postal district.
Our Data Sources
11, Newman Way, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 11, Newman Way, Birmingham would be worth £87,719, with a potential rental value of £524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,694, with a rental value of £464 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 11, Newman Way, Birmingham has decreased by £981 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (2.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
11, Newman Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 11, Newman Way, Birmingham across the last 2 years.
Most recently, 141B, New Road, Birmingham, B45 9JW, a leasehold flat, sold at £100,000 on the 15th July 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 11, Newman Way, Birmingham as the 33rd largest and the 98th most expensive of the 112 addresses on Newman Way, Rednal, Birmingham, B45.
Against the B45 postcode district average, it is £216k less expensive than the typical property.
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Schools Nearby
- 100mSt James Catholic Primary School
- 800mRednal Hill Junior School
- 800mRednal Hill Infant School
- 800mColmers School and Sixth Form College
- 1.3kmWaseley Hills High School
- 1.4kmKing Edward VI Balaam Wood Academy
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Public Transport Nearby
Longbridge station is the nearest stop to 11, Newman Way, Birmingham at 2.2 kilometres away.
- 2.2kmLongbridge
- 3.7kmNorthfield
- 3.7kmBarnt Green
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
