16, Monkgate Drive
16, Monkgate Drive
Description & Estimates
16, Monkgate Drive, West Bromwich is recorded publicly as a modern freehold house across 742 ft2 of internal area, sitting on a 116 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Monkgate Drive, West Bromwich is £227,832 and its rental estimate is £1,275 per month, given the available information and assuming reasonable condition.
Monkgate Drive, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
Our Data Sources
16, Monkgate Drive, West Bromwich has 31 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Monkgate Drive, West Bromwich, we estimate a market value of £239,223 and a rental value of £1,339 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,883 and £1,186 per month respectively.
Recent Market Change
Over the last year, 16, Monkgate Drive, West Bromwich has seen its estimated sale value grow by £6,909 (3.0%) and its estimated rental value climb by £56 per month (4.4%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 16, Monkgate Drive, West Bromwich as measuring 116 m2.
That makes it the 11th largest plot in the postcode, where all 16 other houses have recorded plot data.
Energy Efficiency
16, Monkgate Drive, West Bromwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Monkgate Drive, West Bromwich completed on 10th July 2014 at £120,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 86.7% over the period since July 2014.
- Sold Jul 2014£120,000
- Sold Sep 2006£165,000
- Sold Jan 2006£129,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Monkgate Drive, West Bromwich have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th April 2023, was 9, Monkgate Drive, West Bromwich, B71 1NL, a leasehold house which sold for £225,000.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Monkgate Drive, West Bromwich, B71, 16, Monkgate Drive, West Bromwich comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the B71 district.
More reading links
Schools Nearby
- 500mAll Saints CofE Primary School
- 700mHateley Heath Academy
- 800mHargate Primary School
- 900mThe Phoenix Collegiate
- 1.0kmGeorge Salter Academy
- 1.0kmShireland CBSO Academy
More reading links
Public Transport Nearby
From 16, Monkgate Drive, West Bromwich, the nearest station is Sandwell & Dudley, 2.6 kilometres away.
- 2.6kmSandwell & Dudley
- 3.0kmTame Bridge Parkway
- 3.4kmDudley Port
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
