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Park Way, B45 - Visual Breakdown of House Prices
Explore Park Way in the B45 district in Birmingham, and see how it stacks up against the full city backdrop.
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Associated Postcodes:
B45 9WA
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House Prices > Birmingham > B45 > Park Way
Market Beat of This Road
Market Trends and Property Values in Park Way
- Since 2021, 24 homes on Park Way have been sold at an average of £140,100. These properties measure around 659 square feet, costing £216 per square foot.
- On Park Way, home prices have swung from £100,000 to £300,000, with square foot prices swinging from £140 to £253.
- December 2024 was the occasion of the last home sale on Park Way.
Pricing This Street Locally
Price Breakdown: Park Way and Surrounding Areas
By Locality
Rubery
In Rubery, you’ll find homes are priced 22% above their Park Way rivals. (£171,600 vs £140,100) Looking at the figures, a property on Park Way may cost about £31,500 less than one on Rubery.
By Sector
B45 9
Average property prices in Park Way are 62% lower than those in the B45 9 sector. (£226,600 vs £140,100). As such, buyers opting for Park Way could pay around £86,500 less than elsewhere in the sector.
By District
i.e. B45
Park Way's average property prices are 105% lower than those in the B45 district. (£140,100 vs £287,100). If you're looking for a comparable home, purchasing on Park Way rather than elsewhere in the same district might save you around £147,000.
By City or Town
i.e. Birmingham
The price gap between Birmingham and Park Way is evident, with properties in Birmingham costing 97% more on average. (£277,000 vs £140,100). Consequently, choosing Birmingham over Park Way might demand an extra £136,400 in your budget.
Road Details Worth Knowing
Additional Useful Facts About Park Way
- Across 82 homes, this road is allocated 3 unique postcode references.
- No houses on Park Way were recently developed as new-build properties.
- Park Way homes are currently assessed at 76 (C), though improved efficiency measures could raise this to 80 (C).
- On Park Way, homes typically offer 659 square feet, 32% more expansive than Birmingham averages.
- With sales every 4 months, this street keeps a brisker pace than the 8.8 months standard in B45.
District Deals Unpacked
What Buyers Should Know About Birmingham
Local markets move in mysterious ways. These guides help you spot which areas are heating up, which ones are still a bit sleepy, and where the real bargains hide.
Also, you’ll find a full breakdown of annual trends, home types, and how Birmingham stacks up regionally on our Birmingham House Prices page.
District Sights to Savor
Exploring B45: A Local Snapshot
As Birmingham evolves within the global sphere, B45 remains steadfast amidst these dynamic flows. The district proudly intertwines local flavour with a hint of international echoes, offering an environment where cultures converse through shared parks and laughter. Its standing as a unique regional hallmark persists strongly.
345
No. of Roads
3,373
No. of Transactions
£300K
Avg. Property Price
1,044
per sq/ft
Avg. Property Size
£265
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Streets to Enjoy
Other Roads in the Spotlight
Popular Roads in B45
- Old Birmingham Road
- Ryde Park Road
- New Road
- Leach Green Lane
- Cliff Rock Road
- Skylark Street
B45 Roads with Similar Prices
- Rednal Mill Drive
- Malcolm Grove
- Lysander Road
- Amroth Close
- Skomer Close
- Oberon Close
Roads Near Park Way
- Ashill Road
- Beoley Grove
- Callowbrook Lane
- Chaddersley Close
- Chapelfield Road
- Cheveley Avenue
