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According to the public record, 8, Mason Way, Birmingham is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Mason Way, Birmingham is £151,828 and the estimated rental value is £911 per month.
Mason Way, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
8, Mason Way, Birmingham has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated April 2022.
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.
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 8, Mason Way, Birmingham is in very good condition we estimate a sale value of £159,419 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,200 and a rental value of £847 per month.
Over the last 12 months the sale value of 8 Mason Way Birmingham has decreased by an estimated £14,010 (9.2%) and its rental value has decreased by an estimated £2 per month (0.3%), giving an expected gross yield of 7.2%.
8, Mason Way, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 8, Mason Way, Birmingham was last sold on 25th July 2014 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mason Way, Birmingham within a radius of 270 metres over the last 2 years.
The most recent example is Apartment 10, 26, Longleat Avenue, Birmingham, B15 2EX, a leasehold flat which sold for £210,000 on the 24th June 2024.
Read more about house prices in B15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mason Way, Birmingham, B15 has a total of 169 addresses. According to our analysis of all the public data, 8, Mason Way, Birmingham is the 75th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in B15.
The closest station to 8, Mason Way, Birmingham is Five Ways station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Mason Way, Birmingham, 55.2% of property is privately rented and 30.6% is privately owned with a mortgage.
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 8, Mason Way, Birmingham, 24.2% of residents are recorded as possessing school level qualifications and 70.1% 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 8, Mason Way, Birmingham, the average age was 30.3 and the most common age was 27.
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 8, Mason Way, Birmingham, 1.5% 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 8, Mason Way, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.