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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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55, Forest Way, Birmingham is recorded publicly as a mid-century freehold house across 914 ft2 of internal area, sitting on a 425 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 55, Forest Way, Birmingham is £311,215 and its rental estimate is £1,458 per month, given the available information and assuming reasonable condition.
Forest Way, Hollywood, Birmingham, B47 falls within the B47 postal district, in the borough of Bromsgrove.
55, Forest Way, Birmingham has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated June 2013.
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.
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 55, Forest Way, Birmingham, we estimate a market value of £326,775 and a rental value of £1,531 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,430 and £1,356 per month respectively.
Over the last year, 55, Forest Way, Birmingham has seen its estimated sale value fall by £162 (0.1%) and its estimated rental value move up by £45 per month (3.1%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 55, Forest Way, Birmingham as measuring 425 m2.
That makes it the largest plot in the postcode, where 19 of the 30 other houses have recorded plot data.
55, Forest Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 55, Forest Way, Birmingham completed on 28th August 2014 at £242,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.2% over the period since August 2014.
Over the past 2 years 3 properties similar to 55, Forest Way, Birmingham have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 3, Forest Way, Birmingham, B47 5JS, a freehold house which sold for £246,500.
Read more about house prices in B47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 52 addresses on Forest Way, Hollywood, Birmingham, B47, 55, Forest Way, Birmingham comes out as the 16th largest and the 8th most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the B47 district.
From 55, Forest Way, Birmingham, the nearest station is Wythall, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Forest Way, Birmingham, 43.2% of property is socially rented and 24.0% 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 55, Forest Way, Birmingham, 19.1% of residents are recorded as possessing school level qualifications and 25.6% 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 55, Forest Way, Birmingham, the average age was 45.3 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 55, Forest 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 55, Forest 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.
