170, Spon Lane
170, Spon Lane
Description & Estimates
170, Spon Lane, West Bromwich appears in the public record as a freehold house sitting on a 110 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 854 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 170, Spon Lane, West Bromwich is £192,116 and its rental estimate is £1,163 per month, given the available information and assuming reasonable condition.
Spon Lane, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
170, Spon Lane, West Bromwich has 3 entries in the Land Registry , most recently in March 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 170, Spon Lane, West Bromwich, we estimate a market value of £201,722 and a rental value of £1,221 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £178,668 and £1,082 per month respectively.
Recent Market Change
Over the last year, 170, Spon Lane, West Bromwich has seen its estimated sale value move up by £5,826 (3.0%) and its estimated rental value increase by £51 per month (4.4%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 170, Spon Lane, West Bromwich as measuring 110 m2.
That makes it the 14th largest plot in the postcode, where 14 of the 24 other houses have recorded plot data.
Sold Prices
The most recent sale of 170, Spon Lane, West Bromwich completed on 27th March 2020 at £130,000 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 52.4% over the period since March 2020.
- Sold Mar 2020£130,000
- Sold Oct 2016£107,000
- Sold Oct 2012£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 170, Spon Lane, West Bromwich have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2023, was 180, Spon Lane, West Bromwich, B70 6BQ, a freehold house which sold for £170,000.
Read more about house prices in B70.
- Sold May 2023£170,000 | 3 Bed House180, Spon Lane, West Bromwich, B70 6BQ180, Spon Lane, West Bromwich, B70 6BQ
- Sold May 2020£120,000 | 3 Bed House35, Arthur Street, West Bromwich, B70 6NR35, Arthur Street, West Bromwich, B70 6NR
- Sold Dec 2018£122,500 | 3 Bed House172, Spon Lane, West Bromwich, B70 6BQ172, Spon Lane, West Bromwich, B70 6BQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 77 addresses on Spon Lane, West Bromwich, B70, 170, Spon Lane, West Bromwich comes out as the 21st largest and the 26th most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 300mHoly Trinity CofE Primary School
- 500mLyng Primary School
- 1.0kmKing George V Primary School
- 800mWest Bromwich Collegiate Academy
- 1.3kmShireland Biomedical Utc
- 1.3kmShireland CBSO Academy
More reading links
Public Transport Nearby
From 170, Spon Lane, West Bromwich, the nearest station is Smethwick Galton Bridge, 1.3 kilometres away.
- 1.3kmSmethwick Galton Bridge
- 1.4kmSandwell & Dudley
- 2.0kmThe Hawthorns
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.
