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24, Two Gates Lane, Halesowen is recorded publicly as a modern freehold house across 645 ft2 of internal area, sitting on a 107 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 24, Two Gates Lane, Halesowen is £168,957 and its rental estimate is £961 per month, given the available information and assuming reasonable condition.
Two Gates Lane, Halesowen, B63 falls within the B63 postal district, in the borough of Dudley.
24, Two Gates Lane, Halesowen has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2020.
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.
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 24, Two Gates Lane, Halesowen, we estimate a market value of £177,405 and a rental value of £1,009 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,130 and £893 per month respectively.
Over the last year, 24, Two Gates Lane, Halesowen has seen its estimated sale value increase by £1,405 (0.8%) and its estimated rental value grow by £51 per month (5.3%). This results in an estimated gross rental yield of 6.8%.
HM Land Registry records the plot of land for 24, Two Gates Lane, Halesowen as measuring 107 m2.
That makes it the 31st largest plot in the postcode, where 33 of the 41 other houses have recorded plot data.
24, Two Gates Lane, Halesowen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 24, Two Gates Lane, Halesowen completed on 15th January 2021 at £145,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 45.2% over the period since January 2021.
Over the past 2 years 3 properties similar to 24, Two Gates Lane, Halesowen have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th June 2023, was 26, Two Gates Lane, Halesowen, B63 2LJ, a freehold house which sold for £180,000.
Read more about house prices in B63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 73 addresses on Two Gates Lane, Halesowen, B63, 24, Two Gates Lane, Halesowen comes out as the 63rd largest and the 63rd most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the B63 district.
From 24, Two Gates Lane, Halesowen, the nearest station is Cradley Heath, 1.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Two Gates Lane, Halesowen, 31.7% of property is privately owned with a mortgage and 30.0% 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 24, Two Gates Lane, Halesowen, 22.3% of residents are recorded as possessing school level qualifications and 27.5% 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 24, Two Gates Lane, Halesowen, the average age was 38.8 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 24, Two Gates Lane, Halesowen, 0.0% 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 24, Two Gates Lane, Halesowen, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.