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By comparing it to neighbours, we estimate that it is a mid-century house with 1,054 ft2 of internal area and sits on a 232 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Stanhope Way, Birmingham is £284,745 and the estimated rental value is £1,524 per month.
Stanhope Way, Birmingham, B43 is located in the borough of Walsall within the B43 postal district.
7, Stanhope Way, Birmingham has 2 entries in the Land Registry , most recently in March 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 7, Stanhope Way, Birmingham is in very good condition we estimate a sale value of £298,982 and a rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,813 and a rental value of £1,417 per month.
Over the last 12 months the sale value of 7 Stanhope Way Birmingham has increased by an estimated £6,072 (2.1%) and its rental value has increased by an estimated £65 per month (4.3%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 7, Stanhope Way, Birmingham sits on a plot of 232m2.
We have plot size data on 41 out of 41 other houses in the postcode and 7, Stanhope Way, Birmingham sits on the 31st largest plot.
According to HM Land Registry, 7, Stanhope Way, Birmingham was last sold on 6th March 2020 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Stanhope Way, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is 19, Stanhope Way, Birmingham, B43 7UB, a freehold house which sold for £239,000 on the 10th November 2023.
Read more about house prices in B43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Way, Birmingham, B43 has a total of 84 addresses. According to our analysis of all the public data, 7, Stanhope Way, Birmingham is the 11th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £486 more expensive than the average property in B43.
The closest station to 7, Stanhope Way, Birmingham is Hamstead (Birmingham) station which is 4.0 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 7, Stanhope Way, Birmingham, 47.5% of property is privately owned with a mortgage and 37.5% 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 7, Stanhope Way, Birmingham, 20.7% of residents are recorded as possessing school level qualifications and 24.0% 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 7, Stanhope 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 7, Stanhope 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 7, Stanhope Way, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.