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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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246derry Lane, Smethwick is recorded publicly as a period freehold house across 753 ft2 of internal area, sitting on a 224 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 246derry Lane, Smethwick is £194,283 and its rental estimate is £1,055 per month, given the available information and assuming reasonable condition.
Londonderry Lane, Smethwick, B67 falls within the B67 postal district, in the borough of Sandwell.
246derry Lane, Smethwick has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated September 2023.
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 246derry Lane, Smethwick, we estimate a market value of £203,997 and a rental value of £1,108 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,683 and £981 per month respectively.
Over the last year, 246derry Lane, Smethwick has seen its estimated sale value rise by £3,981 (2.0%) and its estimated rental value move up by £34 per month (3.3%). This results in an estimated gross rental yield of 6.5%.
HM Land Registry records the plot of land for 246derry Lane, Smethwick as measuring 224 m2.
That makes it the 16th largest plot in the postcode, where 31 of the 35 other houses have recorded plot data.
246derry Lane, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2023.
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 246derry Lane, Smethwick completed on 29th April 2024 at £215,000 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 dropped by 4.0% over the period since April 2024.
Over the past 2 years 3 properties similar to 246derry Lane, Smethwick have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 7, Milton Road, Smethwick, B67 7HT, a freehold house which sold for £195,000.
Read more about house prices in B67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 159 addresses on Londonderry Lane, Smethwick, B67, 246derry Lane, Smethwick comes out as the 123rd largest and the 141st most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the B67 district.
From 246derry Lane, Smethwick, the nearest station is Smethwick Rolfe Street, 1.2 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 246derry Lane, Smethwick, 38.7% of property is socially rented and 25.8% 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 246derry Lane, Smethwick, 28.3% of residents are recorded as possessing school level qualifications and 22.2% 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 246derry Lane, Smethwick, the average age was 37.1 and the most common age was 12.
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 246derry Lane, Smethwick, 0.6% 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 246derry Lane, Smethwick, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
