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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, Wigmore Lane, West Bromwich is a mid-century house with 699 ft2 of internal area and sits on a 467 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wigmore Lane, West Bromwich is £227,736 and the estimated rental value is £1,256 per month.
Wigmore Lane, West Bromwich, B71 is located in the borough of Sandwell within the B71 postal district.
2, Wigmore Lane, West Bromwich has no records in the the Land Registry and a single entry in the EPC database dated October 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Wigmore Lane, West Bromwich is in very good condition we estimate a sale value of £239,123 and a rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,794 and a rental value of £1,168 per month.
Over the last 12 months the sale value of 2 Wigmore Lane West Bromwich has increased by an estimated £6,906 (3.0%) and its rental value has increased by an estimated £55 per month (4.4%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 2, Wigmore Lane, West Bromwich sits on a plot of 467m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Wigmore Lane, West Bromwich sits on the 2nd largest plot.
2, Wigmore Lane, West Bromwich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wigmore Lane, West Bromwich within a radius of 650 metres over the last 2 years.
The most recent example is 25, Horsecroft Drive, West Bromwich, B71 3TE, a freehold house which sold for £172,000 on the 24th February 2023.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wigmore Lane, West Bromwich, B71 has a total of 3 addresses. According to our analysis of all the public data, 2, Wigmore Lane, West Bromwich is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in B71.
The closest station to 2, Wigmore Lane, West Bromwich is Tame Bridge Parkway station which is 1.4 kilometres away.
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, Wigmore Lane, West Bromwich, 42.3% of property is privately owned outright and 22.3% is privately owned with a mortgage.
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, Wigmore Lane, West Bromwich, 16.2% of residents are recorded as possessing school level qualifications and 25.5% 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 2, Wigmore Lane, West Bromwich, the average age was 41.2 and the most common age was 47.
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, Wigmore Lane, West Bromwich, 0.7% 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, Wigmore Lane, West Bromwich, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
