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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Lench Close, Halesowen is a modern freehold house with 559 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lench Close, Halesowen is £201,010 and the estimated rental value is £1,133 per month.
Lench Close, Halesowen, B62 is located in the borough of Dudley within the B62 postal district.
2, Lench Close, Halesowen has 41 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lench Close, Halesowen is in very good condition we estimate a sale value of £211,060 and a rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,939 and a rental value of £1,054 per month.
Over the last 12 months the sale value of 2 Lench Close Halesowen has increased by an estimated £4,600 (2.3%) and its rental value has increased by an estimated £62 per month (5.5%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 2, Lench Close, Halesowen sits on a plot of 176m2.
We have plot size data on 12 out of 12 other houses in the postcode and 2, Lench Close, Halesowen sits on the 8th largest plot.
2, Lench Close, Halesowen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Lench Close, Halesowen was last sold on 24th November 2023 for £168,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since November 2023, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lench Close, Halesowen within a radius of 500 metres over the last 2 years.
The most recent example is 28, Upper Ashley Street, Halesowen, B62 8HJ, a freehold house which sold for £170,000 on the 26th April 2024.
Read more about house prices in B62.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lench Close, Halesowen, B62 has a total of 12 addresses. According to our analysis of all the public data, 2, Lench Close, Halesowen is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in B62.
The closest station to 2, Lench Close, Halesowen is Rowley Regis station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lench Close, Halesowen, 32.9% of property is privately owned with a mortgage and 27.2% is privately owned outright.
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 2, Lench Close, Halesowen, 22.8% of residents are recorded as possessing school level qualifications and 23.9% 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 2, Lench Close, Halesowen, the average age was 38.5 and the most common age was 32.
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 2, Lench Close, Halesowen, 0.3% 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 2, Lench Close, Halesowen, 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.
