50, Merlin Way
50, Merlin Way
Description & Estimates
50, Merlin Way, Birmingham is recorded publicly as a modern leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 50, Merlin Way, Birmingham is £89,274 and its rental estimate is £787 per month, given the available information and assuming reasonable condition.
Merlin Way, Birmingham, B35 falls within the B35 postal district, in the borough of Birmingham.
Our Data Sources
50, Merlin Way, Birmingham has 21 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 50, Merlin Way, Birmingham, we estimate a market value of £93,738 and a rental value of £826 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,025 and £732 per month respectively.
Recent Market Change
Over the last year, 50, Merlin Way, Birmingham has seen its estimated sale value decline by £62 (0.1%) and its estimated rental value climb by £17 per month (2.1%). This results in an estimated gross rental yield of 10.6%.
Energy Efficiency
50, Merlin Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 50, Merlin Way, Birmingham completed on 10th July 2019 at £83,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.5% over the period since July 2019.
- Sold Jul 2019£83,000
- Sold Jun 2006£82,495
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Merlin Way, Birmingham have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was 31, Merlin Way, Birmingham, B35 6QN, a leasehold flat which sold for £65,000.
Read more about house prices in B35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Merlin Way, Birmingham, B35, 50, Merlin Way, Birmingham comes out as the 25th largest and the 26th most expensive in our analysis of the public data.
It is also £245k less expensive than the average property across the B35 district.
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Schools Nearby
- 100mPegasus Primary School
- 100mSt Gerard's Catholic Primary School
- 600mTopcliffe Primary School
- 300mLift Greenwood
- 1.9kmPark Hall Academy
- 3.1kmHodge Hill Girls' School
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Public Transport Nearby
From 50, Merlin Way, Birmingham, the nearest station is Water Orton, 2.9 kilometres away.
- 2.9kmWater Orton
- 3.5kmChester Road
- 3.7kmErdington
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.
