71, Newman Way
71, Newman Way
Description & Estimates
71, Newman Way, Birmingham is recorded publicly as a modern freehold house across 482 ft2 of internal area, sitting on a 168 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 71, Newman Way, Birmingham is £181,188 and its rental estimate is £983 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
71, Newman Way, Birmingham has 41 entries in the Land Registry , most recently in July 2012 and a single entry in the EPC database dated July 2011.
We combine this information with that 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.
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 71, Newman Way, Birmingham, we estimate a market value of £190,247 and a rental value of £1,032 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,505 and £914 per month respectively.
Recent Market Change
Over the last year, 71, Newman Way, Birmingham has seen its estimated sale value grow by £2,277 (1.3%) and its estimated rental value climb by £48 per month (4.9%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 71, Newman Way, Birmingham as measuring 168 m2.
That makes it the 19th largest plot in the postcode, where 20 of the 21 other houses have recorded plot data.
Energy Efficiency
71, Newman Way, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 71, Newman Way, Birmingham completed on 6th July 2012 at £99,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 134.7% over the period since July 2012.
- Sold Jul 2012£99,000
- Sold Dec 2006£107,000
- Sold Dec 2002£79,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 71, Newman Way, Birmingham has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2015, was 6, Newey Close, Birmingham, B45 9NB, a leasehold house which sold for £122,500.
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, 71, Newman Way, Birmingham comes out as the 89th largest and the 67th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the B45 district.
More reading links
Schools Nearby
- 200mSt James Catholic Primary School
- 700mRednal Hill Junior School
- 700mRednal Hill Infant School
- 900mColmers School and Sixth Form College
- 1.3kmWaseley Hills High School
- 1.5kmKing Edward VI Balaam Wood Academy
More reading links
Public Transport Nearby
From 71, Newman Way, Birmingham, the nearest station is Longbridge, 2.2 kilometres away.
- 2.2kmLongbridge
- 3.5kmBarnt 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.
