Apartment 263, 2
Apartment 263, 2
Description & Estimates
Apartment 263, 2, Austin Way, Birmingham is recorded publicly as a modern leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Apartment 263, 2, Austin Way, Birmingham is £312,828 and its rental estimate is £941 per month, given the available information and assuming reasonable condition.
2, Austin Way is a residential building on Austin Way, Birmingham, B31 and falls within the B31 postal district and the borough of Birmingham.
Our Data Sources
Apartment 263, 2, Austin Way, Birmingham has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Apartment 263, 2, Austin Way, Birmingham, we estimate a market value of £328,469 and a rental value of £988 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,930 and £876 per month respectively.
Recent Market Change
Over the last year, Apartment 263, 2, Austin Way, Birmingham has seen its estimated sale value move down by £3,942 (1.3%) and its estimated rental value increase by £22 per month (2.3%). This results in an estimated gross rental yield of 3.6%.
Energy Efficiency
Apartment 263, 2, Austin Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Apartment 263, 2, Austin Way, Birmingham completed on 10th July 2018 at £258,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 45.2% over the period since July 2018.
- Sold Jul 2018£258,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 263, 2, Austin Way, Birmingham have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2023, was Apartment G65, 2, Austin Way, Birmingham, B31 2FZ, a leasehold flat which sold for £350,000.
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 272 addresses on Austin Way, Birmingham, B31, Apartment 263, 2, Austin Way, Birmingham comes out as the 49th largest and the 48th most expensive in our analysis of the public data.
It is also £82k more expensive than the average property across the B31 district.
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Schools Nearby
- 100mSt Columba's Catholic Primary School
- 800mRednal Hill Junior School
- 800mRednal Hill Infant School
- 900mColmers School and Sixth Form College
- 1.4kmTurves Green Boys' School
- 1.7kmKing Edward VI Northfield School for Girls
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Public Transport Nearby
From Apartment 263, 2, Austin Way, Birmingham, the nearest station is Longbridge, 600 metres away.
- 600mLongbridge
- 2.3kmNorthfield
- 3.7kmBarnt Green
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
