249, Claypit Lane
249, Claypit Lane
Description & Estimates
249, Claypit Lane, West Bromwich is recorded publicly as a modern freehold house across 893 ft2 of internal area, sitting on a 259 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 249, Claypit Lane, West Bromwich is £254,761 and its rental estimate is £1,319 per month, given the available information and assuming reasonable condition.
Claypit Lane, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
249, Claypit Lane, West Bromwich has 21 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 249, Claypit Lane, West Bromwich, we estimate a market value of £267,499 and a rental value of £1,385 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,927 and £1,227 per month respectively.
Recent Market Change
Over the last year, 249, Claypit Lane, West Bromwich has seen its estimated sale value move up by £7,726 (3.0%) and its estimated rental value increase by £58 per month (4.4%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 249, Claypit Lane, West Bromwich as measuring 259 m2.
That makes it the 4th largest plot in the postcode, where 15 of the 17 other houses have recorded plot data.
Energy Efficiency
249, Claypit Lane, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 249, Claypit Lane, West Bromwich completed on 24th March 2017 at £167,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 70.7% over the period since March 2017.
- Sold Mar 2017£167,995
- Sold Dec 2005£102,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 249, Claypit Lane, West Bromwich have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 113, Wattle Road, West Bromwich, B70 9EX, a freehold house which sold for £250,000.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 143 addresses on Claypit Lane, West Bromwich, B70, 249, Claypit Lane, West Bromwich comes out as the 42nd largest and the 36th most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 400mHanbury Primary School
- 400mRyders Green Primary School
- 800mLodge Primary School
- 600mGeorge Salter Academy
- 1.0kmShireland Biomedical Utc
- 1.4kmShireland CBSO Academy
More reading links
Public Transport Nearby
From 249, Claypit Lane, West Bromwich, the nearest station is Sandwell & Dudley, 1.3 kilometres away.
- 1.3kmSandwell & Dudley
- 2.4kmDudley Port
- 3.0kmLangley Green
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.
