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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Castle Way, Birmingham is £265,127 and the estimated rental value is £1,187 per month.
Castle Way, Birmingham, B33 is located in the borough of Birmingham within the B33 postal district.
2, Castle Way, Birmingham has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Castle Way, Birmingham is in very good condition we estimate a sale value of £278,383 and a rental value of £1,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,568 and a rental value of £1,104 per month.
Over the last 12 months the sale value of 2 Castle Way Birmingham has increased by an estimated £5,091 (1.9%) and its rental value has increased by an estimated £31 per month (2.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Castle Way, Birmingham sits on a plot of 225m2.
We have plot size data on 11 out of 24 other houses in the postcode and 2, Castle Way, Birmingham sits on the 11th largest plot.
2, Castle Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Castle Way, Birmingham was last sold on 1st June 2018 for £196,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has risen 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Castle Way, Birmingham within a radius of 580 metres over the last 2 years.
The most recent example is 239, Meadway, Birmingham, B33 8NP, a freehold house which sold for £223,995 on the 28th June 2019.
Read more about house prices in B33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Way, Birmingham, B33 has a total of 24 addresses. According to our analysis of all the public data, 2, Castle Way, Birmingham is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in B33.
The closest station to 2, Castle Way, Birmingham is Lea Hall station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Castle Way, Birmingham, 27.3% of property is privately owned outright and 27.3% 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 2, Castle Way, Birmingham, 29.2% of residents are recorded as possessing school level qualifications and 17.0% 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 2, Castle Way, Birmingham, the average age was 35.6 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 2, Castle Way, Birmingham, 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 2, Castle Way, Birmingham, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.