Apartment G2, 2
Apartment G2, 2
Description & Estimates
According to the public record, Apartment G2, 2, Austin Way, Birmingham is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment G2, 2, Austin Way, Birmingham is £312,828 and the estimated rental value is £941 per month.
The apartment is within 2, Austin Way, Birmingham, B31.
Austin Way, Birmingham, B31 is located in the borough of Birmingham within the B31 postal district.
Our Data Sources
Apartment G2, 2, Austin Way, Birmingham has a single entry in the Land Registry from July 2017 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
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 G2, 2, Austin Way, Birmingham is in very good condition we estimate a sale value of £328,469 and a rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,930 and a rental value of £876 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment G2, 2, Austin Way, Birmingham has decreased by £3,942 (1.3%), while its estimated rental value has grown by £22 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Energy Efficiency
Apartment G2, 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
According to HM Land Registry, Apartment G2, 2, Austin Way, Birmingham was last sold on 28th July 2017 for £265,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has dropped by 43.5%.
- Sold Jul 2017£265,950
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 G2, 2, Austin Way, Birmingham within a radius of 610 metres over the last 2 years.
The most recent example is Apartment G65, 2, Austin Way, Birmingham, B31 2FZ, a leasehold flat which sold for £350,000 on the 23rd October 2023.
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
Austin Way, Birmingham, B31 has a total of 272 addresses. According to our analysis of all the public data, Apartment G2, 2, Austin Way, Birmingham is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in B31.
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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
The closest station to Apartment G2, 2, Austin Way, Birmingham is Longbridge station, which is 600 metres away.
- 600mLongbridge
- 2.3kmNorthfield
- 3.7kmBarnt Green
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
