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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Herons Way, Birmingham is £156,174 and the estimated rental value is £730 per month.
Herons Way, Birmingham, B29 is located in the borough of Birmingham within the B29 postal district.
47, Herons Way, Birmingham has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 47, Herons Way, Birmingham is in very good condition we estimate a sale value of £163,983 and a rental value of £766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,242 and a rental value of £679 per month.
Over the last 12 months the sale value of 47 Herons Way Birmingham has decreased by an estimated £2,990 (1.9%) and its rental value has increased by an estimated £14 per month (1.9%), giving an expected gross yield of 5.6%.
47, Herons Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 47, Herons Way, Birmingham was last sold on 9th February 2022 for £133,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Herons Way, Birmingham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, 57, Roman Way, Birmingham, B15 2SL, a leasehold flat which sold for £332,500 on the 30th November 2023.
Read more about house prices in B29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herons Way, Birmingham, B29 has a total of 38 addresses. According to our analysis of all the public data, 47, Herons Way, Birmingham is the 35th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in B29.
The closest station to 47, Herons Way, Birmingham is Selly Oak station which is 1.1 kilometres away.
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.
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 47, Herons Way, Birmingham, 46.5% of property is privately rented and 27.2% is socially rented.
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 47, Herons Way, Birmingham, 41.1% of residents are recorded as possessing school level qualifications and 44.1% 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 47, Herons Way, Birmingham, the average age was 37 and the most common age was 22.
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 47, Herons 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 47, Herons Way, Birmingham, there are an average of 0.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.