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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Romney Way, Birmingham is £115,834 and the estimated rental value is £716 per month.
The apartment is within 49, Romney Way, Birmingham, B43.
Romney Way, Birmingham, B43 is located in the borough of Walsall within the B43 postal district.
49, Romney Way, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data 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.
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 49, Romney Way, Birmingham is in very good condition we estimate a sale value of £121,626 and a rental value of £752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,726 and a rental value of £666 per month.
Over the last 12 months the sale value of 49 Romney Way Birmingham has decreased by an estimated £944 (0.8%) and its rental value has increased by an estimated £13 per month (1.8%), giving an expected gross yield of 7.4%.
49, Romney Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Romney Way, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is Flat 54, Farrier Court, Crome Road, Birmingham, B43 7NL, a leasehold flat which sold for £95,000 on the 10th January 2022.
Read more about house prices in B43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romney Way, Birmingham, B43 has a total of 71 addresses. According to our analysis of all the public data, 49, Romney Way, Birmingham is the 68th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in B43.
The closest station to 49, Romney Way, Birmingham is Hamstead (Birmingham) station which is 3.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 49, Romney Way, Birmingham, 45.3% of property is privately owned with a mortgage and 34.5% is privately owned outright.
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 49, Romney Way, Birmingham, 19.5% of residents are recorded as possessing school level qualifications and 19.1% 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 49, Romney Way, Birmingham, the average age was 42.1 and the most common age was 57.
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 49, Romney 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 49, Romney Way, Birmingham, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.