23, Far Wood Road
23, Far Wood Road
Description & Estimates
The public record describes 23, Far Wood Road, Birmingham as a mid-century apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
23, Far Wood Road, Birmingham has an estimated sale value of £95,149 and an estimated rental value of £482 per month, assuming reasonable condition and based on the information available.
Far Wood Road, Birmingham, B31 lies in the borough of Birmingham, within the B31 postal district.
Our Data Sources
23, Far Wood Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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 23, Far Wood Road, Birmingham would be worth £99,906, with a potential rental value of £506 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,488, with a rental value of £448 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 23, Far Wood Road, Birmingham has dropped by £1,210 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £12 (2.4%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
23, Far Wood Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2024.
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 670 metres of 23, Far Wood Road, Birmingham across the last 2 years.
Most recently, 98, Cromwell Lane, Birmingham, B31 1AS, a leasehold flat, sold at £89,600 on the 29th October 2024.
Read more about house prices in B31.
- Sold Oct 2024£89,600 | 2 Bed Flat98, Cromwell Lane, Birmingham, B31 1AS98, Cromwell Lane, Birmingham, B31 1AS
- Sold Jun 2023£80,000 | 2 Bed Flat2, Longfield Road, Birmingham, B31 1BH2, Longfield Road, Birmingham, B31 1BH
- Sold Oct 2020£73,000 | 2 Bed Flat92, Cromwell Lane, Birmingham, B31 1AS92, Cromwell Lane, Birmingham, B31 1AS
•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 23, Far Wood Road, Birmingham as the 16th largest and the 16th most expensive of the 21 addresses on Far Wood Road, Birmingham, B31.
Against the B31 postcode district average, it is £136k less expensive than the typical property.
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Schools Nearby
- 100mWoodcock Hill Primary School
- 800mGreen Meadow Primary School
- 1.1kmPrincethorpe Infant School
- 500mE-ACT Shenley Academy
- 1.1kmKing Edward VI Five Ways School
- 1.2kmBartley Green School
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Public Transport Nearby
Northfield station is the nearest stop to 23, Far Wood Road, Birmingham at 2.9 kilometres away.
- 2.9kmNorthfield
- 3.4kmSelly Oak
- 3.8kmUniversity (Birmingham)
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.
