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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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The public record describes 62, Forest Way, Birmingham as a mid-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
62, Forest Way, Birmingham has an estimated sale value of £122,192 and an estimated rental value of £735 per month, assuming reasonable condition and based on the information available.
Forest Way, Hollywood, Birmingham, B47 lies in the borough of Bromsgrove, within the B47 postal district.
62, Forest Way, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 62, Forest Way, Birmingham would be worth £128,302, with a potential rental value of £771 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £113,639, with a rental value of £683 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 62, Forest Way, Birmingham has fallen by £2,121 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £8 (1.1%). The property's estimated gross yield is currently 7.2%.
62, Forest Way, Birmingham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 590 metres of 62, Forest Way, Birmingham across the last 2 years.
Most recently, 52, Poplar Trees, May Farm Close, Birmingham, B47 5DN, a leasehold flat, sold at £150,000 on the 19th August 2024.
Read more about house prices in B47.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 62, Forest Way, Birmingham as the 52nd largest and the 52nd most expensive of the 52 addresses on Forest Way, Hollywood, Birmingham, B47.
Against the B47 postcode district average, it is £154k less expensive than the typical property.
Wythall station is the nearest stop to 62, Forest Way, Birmingham at 1.3 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, 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 62, 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 62, 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 62, 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 62, 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.
