199, Hales Lane
199, Hales Lane
Description & Estimates
199, Hales Lane, Smethwick appears in the public record as a freehold house sitting on a 439 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,057 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 199, Hales Lane, Smethwick is £277,765 and its rental estimate is £1,172 per month, given the available information and assuming reasonable condition.
Hales Lane, Smethwick, B67 falls within the B67 postal district, in the borough of Sandwell.
Our Data Sources
199, Hales Lane, Smethwick has 31 entries in the Land Registry , most recently in May 2008 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 2 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 199, Hales Lane, Smethwick, we estimate a market value of £291,653 and a rental value of £1,231 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,321 and £1,090 per month respectively.
Recent Market Change
Over the last year, 199, Hales Lane, Smethwick has seen its estimated sale value climb by £5,973 (2.2%) and its estimated rental value rise by £33 per month (2.8%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 199, Hales Lane, Smethwick as measuring 439 m2.
That makes it the 10th largest plot in the postcode, where 17 of the 21 other houses have recorded plot data.
Sold Prices
The most recent sale of 199, Hales Lane, Smethwick completed on 9th May 2008 at £150,000 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 56.7% over the period since May 2008.
- Sold May 2008£150,000
- Sold Jul 2001£66,500
- Sold Nov 1998£50,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 199, Hales Lane, Smethwick have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 4, Awefields Crescent, Smethwick, B67 6PR, a freehold house which sold for £245,000.
Read more about house prices in B67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 184 addresses on Hales Lane, Smethwick, B67, 199, Hales Lane, Smethwick comes out as the 24th largest and the 11th most expensive in our analysis of the public data.
It is also £69k more expensive than the average property across the B67 district.
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Schools Nearby
- 500mUplands Manor Primary School and Nursery
- 600mAnnie Lennard Primary School
- 700mDevonshire Junior Academy
- 800mBristnall Hall Academy
- 1.2kmQ3 Academy Langley
- 1.3kmHolly Lodge High School College of Science
More reading links
Public Transport Nearby
From 199, Hales Lane, Smethwick, the nearest station is Smethwick Rolfe Street, 1.4 kilometres away.
- 1.4kmSmethwick Rolfe Street
- 1.6kmLangley Green
- 1.7kmSmethwick Galton Bridge
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.
