Apartment 3, 48
Apartment 3, 48
Description & Estimates
According to the public record, Apartment 3, 48, Mason Way, Birmingham is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 3, 48, Mason Way, Birmingham is £154,630 and the estimated rental value is £859 per month.
The apartment is within 48, Mason Way, Birmingham, B15.
Mason Way, Birmingham, B15 is located in the borough of Birmingham within the B15 postal district.
Our Data Sources
Apartment 3, 48, Mason Way, Birmingham has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Apartment 3, 48, Mason Way, Birmingham is in very good condition we estimate a sale value of £162,361 and a rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,806 and a rental value of £799 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 3, 48, Mason Way, Birmingham has fallen by £10,901 (7.0%), while its estimated rental value has moved up by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Apartment 3, 48, Mason Way, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Apartment 3, 48, Mason Way, Birmingham was last sold on 31st March 2016 for £132,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has dropped by 4.4%.
- Sold Mar 2016£132,000
- Sold Nov 2007£142,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, 48, Mason Way, Birmingham within a radius of 320 metres over the last 2 years.
The most recent example is Apartment 28, 1, Langley Walk, Birmingham, B15 2EF, a leasehold flat which sold for £165,000 on the 16th August 2024.
Read more about house prices in B15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mason Way, Birmingham, B15 has a total of 170 addresses. According to our analysis of all the public data, Apartment 3, 48, Mason Way, Birmingham is the 98th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in B15.
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Schools Nearby
- 200mSt Thomas Church of England Primary School
- 400mSt Catherine of Siena Catholic Primary School
- 500mOasis Academy Woodview
- 100mCity Academy
- 1.3kmArk St Alban's Academy
- 1.6kmJewellery Quarter Academy
More reading links
Public Transport Nearby
The closest station to Apartment 3, 48, Mason Way, Birmingham is Five Ways station, which is 400 metres away.
- 400mFive Ways
- 1.0kmBirmingham New Street
- 1.3kmBirmingham Moor Street
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
