8, Fairway Mews
8, Fairway Mews
Description & Estimates
8, Fairway Mews, Birmingham is recorded publicly as a modern freehold house across 1,625 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Fairway Mews, Birmingham is £507,785 and its rental estimate is £997 per month, given the available information and assuming reasonable condition.
Fairway Mews, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
Our Data Sources
8, Fairway Mews, Birmingham has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 8, Fairway Mews, Birmingham, we estimate a market value of £533,174 and a rental value of £1,047 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £472,240 and £927 per month respectively.
Recent Market Change
Over the last year, 8, Fairway Mews, Birmingham has seen its estimated sale value fall by £11,069 (2.2%) and its estimated rental value move up by £9 per month (0.9%). This results in an estimated gross rental yield of 2.4%.
Energy Efficiency
8, Fairway Mews, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Fairway Mews, Birmingham completed on 30th September 2022 at £510,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 23.1% over the period since September 2022.
- Sold Sep 2022£510,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Fairway Mews, Birmingham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2024, was 25, Divot Drive, Birmingham, B31 5FQ, a freehold house which sold for £512,000.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Fairway Mews, Birmingham, B31, 8, Fairway Mews, Birmingham comes out as the largest and the most expensive in our analysis of the public data.
It is also £277k more expensive than the average property across the B31 district.
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Schools Nearby
- 300mMerritts Brook Primary E-ACT Academy
- 900mThe Meadows Primary School
- 900mSt Brigid's Catholic Primary School
- 1.7kmKing Edward VI Northfield School for Girls
- 1.7kmColmers School and Sixth Form College
- 1.7kmTurves Green Boys' School
More reading links
Public Transport Nearby
From 8, Fairway Mews, Birmingham, the nearest station is Longbridge, 1.5 kilometres away.
- 1.5kmLongbridge
- 1.6kmNorthfield
- 3.8kmKings Norton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
