42, Foster Way
42, Foster Way
Description & Estimates
According to the public record, 42, Foster Way, Birmingham is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Foster Way, Birmingham is £82,853 and the estimated rental value is £411 per month.
Foster Way, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Our Data Sources
42, Foster Way, Birmingham has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated April 2022.
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
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 42, Foster Way, Birmingham is in very good condition we estimate a sale value of £86,995 and a rental value of £432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,053 and a rental value of £383 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Foster Way, Birmingham has decreased by £5,148 (6.2%), while its estimated rental value has declined by £4 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
42, Foster Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
According to HM Land Registry, 42, Foster Way, Birmingham was last sold on 2nd May 2022 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped by 12.5%.
- Sold May 2022£120,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 42, Foster Way, Birmingham within a radius of 420 metres over the last 2 years.
The most recent example is 54, Foster Way, Birmingham, B5 7QJ, a leasehold flat which sold for £99,000 on the 19th August 2022.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Foster Way, Birmingham, B5 has a total of 40 addresses. According to our analysis of all the public data, 42, Foster Way, Birmingham is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in B5.
More reading links
Schools Nearby
- 1.1kmOasis Academy Woodview
- 1.2kmSS John and Monica Catholic Primary School
- 1.2kmHeath Mount Primary School
- 1.5kmArk St Alban's Academy
- 1.7kmCity Academy
- 2.1kmQueensbridge School
More reading links
Public Transport Nearby
The closest station to 42, Foster Way, Birmingham is Five Ways station, which is 1.6 kilometres away.
- 1.6kmFive Ways
- 2.1kmUniversity (Birmingham)
- 2.4kmBirmingham New Street
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
