3, Tunnel Road
3, Tunnel Road
Description & Estimates
3, Tunnel Road, West Bromwich appears in the public record as a freehold house sitting on a 206 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,070 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 3, Tunnel Road, West Bromwich is £304,238 and its rental estimate is £1,442 per month, given the available information and assuming reasonable condition.
Tunnel Road, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
3, Tunnel Road, West Bromwich has a single entry in the Land Registry from March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Tunnel Road, West Bromwich, we estimate a market value of £319,450 and a rental value of £1,515 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £282,942 and £1,341 per month respectively.
Recent Market Change
Over the last year, 3, Tunnel Road, West Bromwich has seen its estimated sale value grow by £1,706 (0.6%) and its estimated rental value climb by £28 per month (1.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 3, Tunnel Road, West Bromwich as measuring 206 m2.
That makes it the 4th largest plot in the postcode, where all 4 other houses have recorded plot data.
Sold Prices
The most recent sale of 3, Tunnel Road, West Bromwich completed on 15th March 2016 at £164,000 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 43.5% over the period since March 2016.
- Sold Mar 2016£164,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Tunnel Road, West Bromwich have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th May 2016, was 5, Tunnel Road, West Bromwich, B70 0RJ, a freehold house which sold for £164,950.
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 33 addresses on Tunnel Road, West Bromwich, B70, 3, Tunnel Road, West Bromwich comes out as the 4th largest and the 2nd most expensive in our analysis of the public data.
It is also £92k more expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 600mHarvills Hawthorn Primary School
- 600mHateley Heath Academy
- 800mSt John Bosco Catholic Primary School
- 1.2kmThe Phoenix Collegiate
- 1.3kmGeorge Salter Academy
- 1.5kmWodensborough Ormiston Academy
More reading links
Public Transport Nearby
From 3, Tunnel Road, West Bromwich, the nearest station is Dudley Port, 2.8 kilometres away.
- 2.8kmDudley Port
- 3.1kmTame Bridge Parkway
- 3.2kmBescot Stadium
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
