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177, Claypit Lane, West Bromwich is recorded publicly as a modern freehold house across 1,162 ft2 of internal area, sitting on a 254 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 177, Claypit Lane, West Bromwich is £301,565 and its rental estimate is £1,438 per month, given the available information and assuming reasonable condition.
Claypit Lane, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
177, Claypit Lane, West Bromwich has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 177, Claypit Lane, West Bromwich, we estimate a market value of £316,643 and a rental value of £1,510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,455 and £1,337 per month respectively.
Over the last year, 177, Claypit Lane, West Bromwich has seen its estimated sale value increase by £1,691 (0.6%) and its estimated rental value grow by £28 per month (1.9%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for 177, Claypit Lane, West Bromwich as measuring 254 m2.
That makes it the 8th largest plot in the postcode, where 14 of the 34 other houses have recorded plot data.
177, Claypit Lane, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 177, Claypit Lane, West Bromwich completed on 30th October 2015 at £219,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 50.8% over the period since October 2015.
Over the past 2 years 3 properties similar to 177, Claypit Lane, West Bromwich have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2021, was 36, Living Well Street, West Bromwich, B70 9BZ, a freehold house which sold for £220,000.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 143 addresses on Claypit Lane, West Bromwich, B70, 177, Claypit Lane, West Bromwich comes out as the 13th largest and the 10th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the B70 district.
From 177, Claypit Lane, West Bromwich, the nearest station is Sandwell & Dudley, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 177, Claypit Lane, West Bromwich, 39.1% of property is privately owned with a mortgage and 33.3% is socially rented.
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 177, Claypit Lane, West Bromwich, 30.9% of residents are recorded as possessing school level qualifications and 28.5% 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 177, Claypit Lane, West Bromwich, the average age was 35.4 and the most common age was 7.
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 177, Claypit Lane, West Bromwich, 0.0% 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 177, Claypit Lane, West Bromwich, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
