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Company No. 11113204
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Public records show 4, Penny Black Lane, Sutton Coldfield to be a modern freehold house with 1,754 ft2 of internal area, sitting on a 677 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Penny Black Lane, Sutton Coldfield has an estimated sale value of £867,845 and an estimated rental value of £3,970 per month, assuming reasonable condition and based on the information available.
Penny Black Lane, Sutton Coldfield, B73 lies in the borough of Birmingham, within the B73 postal district.
4, Penny Black Lane, Sutton Coldfield has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 4, Penny Black Lane, Sutton Coldfield would be worth £911,237, with a potential rental value of £4,168 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £807,096, with a rental value of £3,692 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Penny Black Lane, Sutton Coldfield has moved up by £13,046 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £112 (2.8%). The property's estimated gross yield is currently 5.5%.
4, Penny Black Lane, Sutton Coldfield occupies a 677 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
4, Penny Black Lane, Sutton Coldfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
4, Penny Black Lane, Sutton Coldfield last changed hands on 23rd April 2015, selling for £599,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.7% since April 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 990 metres of 4, Penny Black Lane, Sutton Coldfield across the last 2 years.
Most recently, 9, Thomas De Beauchamp Lane, Sutton Coldfield, B73 6DF, a freehold house, sold at £200,000 on the 31st July 2015.
Read more about house prices in B73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Penny Black Lane, Sutton Coldfield as the largest and the most expensive of the 3 addresses on Penny Black Lane, Sutton Coldfield, B73.
Against the B73 postcode district average, it is £589k more expensive than the typical property.
Sutton Coldfield station is the nearest stop to 4, Penny Black Lane, Sutton Coldfield at 600 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Penny Black Lane, Sutton Coldfield, 46.3% of property is privately owned outright and 38.1% is privately owned with a mortgage.
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 4, Penny Black Lane, Sutton Coldfield, 17.3% of residents are recorded as possessing school level qualifications and 49.5% 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 4, Penny Black Lane, Sutton Coldfield, the average age was 46 and the most common age was 57.
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 4, Penny Black Lane, Sutton Coldfield, 1.8% 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 4, Penny Black Lane, Sutton Coldfield, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
