40, Creed Way
40, Creed Way
Description & Estimates
40, Creed Way, West Bromwich is recorded publicly as a modern leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Creed Way, West Bromwich is £124,674 and its rental estimate is £675 per month, given the available information and assuming reasonable condition.
Creed Way, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
40, Creed Way, West Bromwich has 3 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated September 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 40, Creed Way, West Bromwich, we estimate a market value of £130,908 and a rental value of £709 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,947 and £628 per month respectively.
Recent Market Change
Over the last year, 40, Creed Way, West Bromwich has seen its estimated sale value rise by £307 (0.2%) and its estimated rental value move up by £10 per month (1.4%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
40, Creed Way, West Bromwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Creed Way, West Bromwich completed on 17th March 2023 at £119,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 16.4% over the period since March 2023.
- Sold Mar 2023£119,000
- Sold Jun 2018£101,000
- Sold Jun 2010£101,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Creed Way, West Bromwich have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2024, was 99, Creed Way, West Bromwich, B70 9JT, a leasehold flat which sold for £66,000.
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 111 addresses on Creed Way, West Bromwich, B70, 40, Creed Way, West Bromwich comes out as the 38th largest and the 37th most expensive in our analysis of the public data.
It is also £88k less expensive than the average property across the B70 district.
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Schools Nearby
- 500mLodge Primary School
- 600mHargate Primary School
- 700mHanbury Primary School
- 200mShireland Biomedical Utc
- 500mShireland CBSO Academy
- 800mGeorge Salter Academy
More reading links
Public Transport Nearby
From 40, Creed Way, West Bromwich, the nearest station is Sandwell & Dudley, 1.6 kilometres away.
- 1.6kmSandwell & Dudley
- 2.6kmSmethwick Galton Bridge
- 3.1kmLangley 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.
