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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
45, Heath Lane, West Bromwich is described in the public record as an early-century house with 871 ft2 of internal area, sitting on a 244 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, Heath Lane, West Bromwich is £228,538 and its rental estimate is £1,273 per month, given the available information and assuming reasonable condition.
Heath Lane, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
45, Heath Lane, West Bromwich has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 45, Heath Lane, West Bromwich, we estimate a market value of £239,965 and a rental value of £1,336 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £212,541 and £1,183 per month respectively.
Over the last year, 45, Heath Lane, West Bromwich has seen its estimated sale value grow by £6,930 (3.0%) and its estimated rental value climb by £56 per month (4.4%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 45, Heath Lane, West Bromwich as measuring 244 m2.
That makes it the 12th largest plot in the postcode, where 28 of the 29 other houses have recorded plot data.
45, Heath Lane, West Bromwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 45, Heath Lane, West Bromwich completed on 28th July 1995 at £32,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 45, Heath Lane, West Bromwich have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th May 2024, was 73, Heath Lane, West Bromwich, B71 2BN, a freehold house which sold for £227,000.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 120 addresses on Heath Lane, West Bromwich, B71, 45, Heath Lane, West Bromwich comes out as the 68th largest and the 75th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the B71 district.
From 45, Heath Lane, West Bromwich, the nearest station is Tame Bridge Parkway, 2.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 45, Heath Lane, West Bromwich, 28.2% of property is privately rented and 25.1% 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 45, Heath Lane, West Bromwich, 21.0% of residents are recorded as possessing school level qualifications and 22.8% 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 45, Heath Lane, West Bromwich, the average age was 37.5 and the most common age was 12.
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 45, Heath Lane, West Bromwich, 0.0% 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 45, Heath Lane, West Bromwich, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
