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According to the public record, 116, Penns Lane, Sutton Coldfield is a period freehold house with 1,808 ft2 of internal area and sits on a 497 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Penns Lane, Sutton Coldfield is £551,001 and the estimated rental value is £2,922 per month.
Penns Lane, Sutton Coldfield, B72 is located in the borough of Birmingham within the B72 postal district.
116, Penns Lane, Sutton Coldfield has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated September 2022.
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.
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 116, Penns Lane, Sutton Coldfield is in very good condition we estimate a sale value of £578,551 and a rental value of £3,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,431 and a rental value of £2,717 per month.
Over the last 12 months the sale value of 116 Penns Lane Sutton Coldfield has decreased by an estimated £6,442 (1.2%) and its rental value has increased by an estimated £8 per month (0.3%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 116, Penns Lane, Sutton Coldfield sits on a plot of 497m2.
We have plot size data on 24 out of 24 other houses in the postcode and 116, Penns Lane, Sutton Coldfield sits on the 16th largest plot.
116, Penns Lane, Sutton Coldfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 116, Penns Lane, Sutton Coldfield was last sold on 6th September 2024 for £505,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Penns Lane, Sutton Coldfield within a radius of 640 metres over the last 2 years.
The most recent example is 99, Holifast Road, Sutton Coldfield, B72 1AE, a freehold house which sold for £530,000 on the 14th October 2024.
Read more about house prices in B72.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penns Lane, Sutton Coldfield, B72 has a total of 146 addresses. According to our analysis of all the public data, 116, Penns Lane, Sutton Coldfield is the 17th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in B72.
The closest station to 116, Penns Lane, Sutton Coldfield is Chester Road station which is 800 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 116, Penns Lane, Sutton Coldfield, 51.8% of property is privately owned outright and 44.1% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 116, Penns Lane, Sutton Coldfield, 18.5% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 116, Penns Lane, Sutton Coldfield, the average age was 47 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 116, Penns Lane, Sutton Coldfield, 1.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 116, Penns Lane, Sutton Coldfield, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
