15, Forest Way
15, Forest Way
Description & Estimates
15, Forest Way, Birmingham is described in the public record as a mid-century apartment with 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15, Forest Way, Birmingham is £135,315 and its rental estimate is £784 per month, given the available information and assuming reasonable condition.
Forest Way, Hollywood, Birmingham, B47 falls within the B47 postal district, in the borough of Bromsgrove.
Our Data Sources
15, Forest Way, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Forest Way, Birmingham, we estimate a market value of £142,081 and a rental value of £823 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,843 and £729 per month respectively.
Recent Market Change
Over the last year, 15, Forest Way, Birmingham has seen its estimated sale value drop by £2,349 (1.7%) and its estimated rental value rise by £8 per month (1.1%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
15, Forest Way, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Forest Way, Birmingham have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th September 2021, was 9, Forest Way, Birmingham, B47 5JS, a leasehold flat which sold for £130,000.
Read more about house prices in B47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Forest Way, Hollywood, Birmingham, B47, 15, Forest Way, Birmingham comes out as the 40th largest and the 42nd most expensive in our analysis of the public data.
It is also £140k less expensive than the average property across the B47 district.
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Schools Nearby
- 300mCoppice Primary School
- 1.4kmHollywood Primary School
- 1.8kmMeadow Green Primary School
- 400mWoodrush High School
- 2.7kmChrist Church, Church of England Secondary Academy
- 3.1kmLight Hall School
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Public Transport Nearby
From 15, Forest Way, Birmingham, the nearest station is Wythall, 1.3 kilometres away.
- 1.3kmWythall
- 1.5kmWhitlocks End
- 2.4kmShirley (West Midlands)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
