223, Hales Lane
223, Hales Lane
Description & Estimates
223, Hales Lane, Smethwick is recorded publicly as a period freehold house across 1,399 ft2 of internal area, sitting on a 398 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 223, Hales Lane, Smethwick is £305,730 and its rental estimate is £1,339 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
223, Hales Lane, Smethwick has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 223, Hales Lane, Smethwick, we estimate a market value of £321,017 and a rental value of £1,406 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,329 and £1,246 per month respectively.
Recent Market Change
Over the last year, 223, Hales Lane, Smethwick has seen its estimated sale value decline by £113 (0.0%) and its estimated rental value climb by £6 per month (0.5%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 223, Hales Lane, Smethwick as measuring 398 m2.
That makes it the largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
223, Hales Lane, Smethwick has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jul 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 223, Hales Lane, Smethwick completed on 5th November 2018 at £265,000 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 21.7% over the period since November 2018.
- Sold Nov 2018£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 223, 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 30th September 2024, was 183, Thimblemill Road, Smethwick, B67 6LR, a freehold house which sold for £355,000.
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, 223, Hales Lane, Smethwick comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £97k more expensive than the average property across the B67 district.
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Schools Nearby
- 500mAnnie Lennard Primary School
- 600mUplands Manor Primary School and Nursery
- 800mDevonshire Junior Academy
- 600mBristnall Hall Academy
- 1.1kmQ3 Academy Langley
- 1.3kmHolly Lodge High School College of Science
More reading links
Public Transport Nearby
From 223, Hales Lane, Smethwick, the nearest station is Smethwick Rolfe Street, 1.5 kilometres away.
- 1.5kmSmethwick 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.
