40, Edward Street
40, Edward Street
Description & Estimates
40, Edward Street, West Bromwich is recorded publicly as a period freehold house across 1,625 ft2 of internal area, sitting on a 325 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 40, Edward Street, West Bromwich is £277,531 and its rental estimate is £1,471 per month, given the available information and assuming reasonable condition.
Edward Street, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
40, Edward Street, West Bromwich has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated November 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.
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, Edward Street, West Bromwich, we estimate a market value of £291,407 and a rental value of £1,545 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,104 and £1,368 per month respectively.
Recent Market Change
Over the last year, 40, Edward Street, West Bromwich has seen its estimated sale value drop by £5,598 (2.0%) and its estimated rental value fall by £13 per month (0.9%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 40, Edward Street, West Bromwich as measuring 325 m2.
That makes it the 17th largest plot in the postcode, where 21 of the 22 other houses have recorded plot data.
Energy Efficiency
40, Edward Street, West Bromwich has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Nov 2015.
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, Edward Street, West Bromwich completed on 9th November 2018 at £235,000 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 76.6% over the period since November 2018.
- Sold Nov 2018£235,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Edward Street, West Bromwich have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2023, was 24, Grange Road, West Bromwich, B70 8PD, a freehold house which sold for £267,000.
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 47 addresses on Edward Street, West Bromwich, B70, 40, Edward Street, West Bromwich comes out as the 23rd largest and the 15th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 400mLodge Primary School
- 600mHargate Primary School
- 700mHanbury Primary School
- 100mShireland Biomedical Utc
- 500mShireland CBSO Academy
- 1.0kmGeorge Salter Academy
More reading links
Public Transport Nearby
From 40, Edward Street, West Bromwich, the nearest station is Sandwell & Dudley, 1.5 kilometres away.
- 1.5kmSandwell & Dudley
- 2.5kmSmethwick Galton Bridge
- 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.
