2, Farm House Way
2, Farm House Way
Description & Estimates
2, Farm House Way, Birmingham is recorded publicly as a modern freehold house across 570 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Farm House Way, Birmingham is £206,094 and its rental estimate is £1,204 per month, given the available information and assuming reasonable condition.
Farm House Way, Birmingham, B43 falls within the B43 postal district, in the borough of Sandwell.
Our Data Sources
2, Farm House Way, Birmingham has 41 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated February 2014.
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
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 2, Farm House Way, Birmingham, we estimate a market value of £216,399 and a rental value of £1,264 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,668 and £1,120 per month respectively.
Recent Market Change
Over the last year, 2, Farm House Way, Birmingham has seen its estimated sale value grow by £3,507 (1.7%) and its estimated rental value climb by £52 per month (4.3%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
2, Farm House Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Farm House Way, Birmingham completed on 15th November 2007 at £148,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 45.4% over the period since November 2007.
- Sold Nov 2007£148,000
- Sold Sep 2005£128,000
- Sold Apr 2004£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Farm House Way, Birmingham have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2023, was 45, Delamere Drive, Walsall, WS5 4TB, a freehold house which sold for £165,000.
Read more about house prices in B43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Farm House Way, Birmingham, B43, 2, Farm House Way, Birmingham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the B43 district.
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Schools Nearby
- 300mSt Margaret's CofE Primary School
- 1.1kmYew Tree Primary School
- 1.4kmHoly Name Catholic Primary School
- 800mQ3 Academy Great Barr
- 1.7kmBarr Beacon School
- 2.8kmQueen Mary's Grammar School
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Public Transport Nearby
From 2, Farm House Way, Birmingham, the nearest station is Tame Bridge Parkway, 2.5 kilometres away.
- 2.5kmTame Bridge Parkway
- 3.2kmHamstead (Birmingham)
- 3.5kmBescot Stadium
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.
