494 Heath Way

    494, HEATH WAY, BIRMINGHAM, B34 6RX

    This terraced freehold property on Heath Way last sold in November 2014 for £128,000. Based on price growth in the B34 district since then, its estimated current value is £245,067 — placing it in the 36th percentile nationally and the 67th percentile within B34. The property covers 69 m² (743 sq ft), giving an estimated value of £3,552 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £128,000

    Nov 2014

    Estimated Valuation

    £245,067

    Est. £/m²

    £3,552/m²

    £330/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area69 m² (743 sq ft)
    EPC dateJun 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2014

    £128,000

    21 Feb 2014

    £85,000

    Key Metrics

    Estimated valuation£245,067
    Value per m² / sq ft£3,552/m² (£330/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B34 district percentile67th percentile
    National percentile36th percentile

    District Context — B34

    B34 covers parts of south Birmingham, including areas such as Selly Oak and Harborne, located in the south-west of the city. The district is characterised by a mix of residential neighbourhoods with good student and young professional populations, alongside established family communities.

    Average Property Price - B34

    £218,865

    17

    National percentile

    Average Net Household Income - B34

    £32,456

    16

    National percentile

    10-Year Annualised Price Growth - B34

    5.8%

    96

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B34

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