248derry Lane, Smethwick
248derry Lane, Smethwick
Description & Estimates
According to the public record, 248derry Lane, Smethwick is a period freehold house with 761 ft2 of internal area and sits on a 211 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 248derry Lane, Smethwick is £194,796 and the estimated rental value is £1,056 per month.
Londonderry Lane, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
Our Data Sources
248derry Lane, Smethwick has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated June 2009.
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
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 248derry Lane, Smethwick is in very good condition we estimate a sale value of £204,536 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,160 and a rental value of £982 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 248derry Lane, Smethwick has climbed by £3,992 (2.0%), while its estimated rental value has risen by £34 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 248derry Lane, Smethwick sits on a plot of 211 m2.
We have plot size data on 31 out of 35 other houses in the postcode and 248derry Lane, Smethwick sits on the 18th largest plot.
Energy Efficiency
248derry Lane, Smethwick has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 25 Jun 2009.
The property is connected to mains gas and has single glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
According to HM Land Registry, 248derry Lane, Smethwick was last sold on 11th December 2009 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen by 74.1%.
- Sold Dec 2009£80,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 248derry Lane, Smethwick within a radius of 530 metres over the last 2 years.
The most recent example is 246, Londonderry Lane, Smethwick, B67 7EN, a freehold house which sold for £215,000 on the 29th April 2024.
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
Londonderry Lane, Smethwick, B67 has a total of 159 addresses. According to our analysis of all the public data, 248derry Lane, Smethwick is the 119th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in B67.
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Schools Nearby
- 500mDevonshire Junior Academy
- 500mDevonshire Infant Academy
- 700mUplands Manor Primary School and Nursery
- 800mBristnall Hall Academy
- 1.0kmHolly Lodge High School College of Science
- 1.2kmQ3 Academy Langley
More reading links
Public Transport Nearby
The closest station to 248derry Lane, Smethwick is Smethwick Rolfe Street station, which is 1.2 kilometres away.
- 1.2kmSmethwick Rolfe Street
- 1.4kmSmethwick Galton Bridge
- 1.5kmLangley Green
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
