58, Newman Way
58, Newman Way
Description & Estimates
58, Newman Way, Birmingham is described in the public record as a mid-century house with 968 ft2 of internal area, sitting on a 159 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 58, Newman Way, Birmingham is £236,430 and its rental estimate is £1,248 per month, given the available information and assuming reasonable condition.
Newman Way, Rednal, Birmingham, B45 falls within the B45 postal district, in the borough of Birmingham.
Our Data Sources
58, Newman Way, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 58, Newman Way, Birmingham, we estimate a market value of £248,251 and a rental value of £1,310 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,879 and £1,160 per month respectively.
Recent Market Change
Over the last year, 58, Newman Way, Birmingham has seen its estimated sale value increase by £2,111 (0.9%) and its estimated rental value grow by £56 per month (4.5%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 58, Newman Way, Birmingham as measuring 159 m2.
That makes it the 4th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
58, Newman Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 58, Newman Way, Birmingham have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 15, Farmdale Grove, Birmingham, B45 9NA, a freehold house which sold for £208,500.
Read more about house prices in B45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 112 addresses on Newman Way, Rednal, Birmingham, B45, 58, Newman Way, Birmingham comes out as the 7th largest and the 19th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the B45 district.
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Schools Nearby
- 300mSt James Catholic Primary School
- 700mRednal Hill Junior School
- 700mRednal Hill Infant School
- 1.0kmColmers School and Sixth Form College
- 1.3kmWaseley Hills High School
- 1.6kmKing Edward VI Balaam Wood Academy
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Public Transport Nearby
From 58, Newman Way, Birmingham, the nearest station is Longbridge, 2.2 kilometres away.
- 2.2kmLongbridge
- 3.4kmBarnt Green
- 3.7kmNorthfield
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.
