178, Spon Lane
178, Spon Lane
Description & Estimates
The public record describes 178, Spon Lane, West Bromwich as a mid-century house with 871 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
178, Spon Lane, West Bromwich has an estimated sale value of £193,260 and an estimated rental value of £1,163 per month, assuming reasonable condition and based on the information available.
Spon Lane, West Bromwich, B70 lies in the borough of Sandwell, within the B70 postal district.
Our Data Sources
178, Spon Lane, West Bromwich has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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
In very good condition, we estimate 178, Spon Lane, West Bromwich would be worth £202,923, with a potential rental value of £1,221 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £179,732, with a rental value of £1,082 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 178, Spon Lane, West Bromwich has grown by £5,861 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £51 (4.4%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
178, Spon Lane, West Bromwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 178, Spon Lane, West Bromwich across the last 2 years.
Most recently, 180, Spon Lane, West Bromwich, B70 6BQ, a freehold house, sold at £170,000 on the 31st May 2023.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 178, Spon Lane, West Bromwich as the 17th largest and the 23rd most expensive of the 77 addresses on Spon Lane, West Bromwich, B70.
Against the B70 postcode district average, it is £19k less expensive than the typical property.
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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
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Public Transport Nearby
Smethwick Galton Bridge station is the nearest stop to 178, Spon Lane, West Bromwich at 1.3 kilometres away.
- 1.3kmSmethwick Galton Bridge
- 1.4kmSandwell & Dudley
- 2.0kmThe Hawthorns
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
