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In this area, houses of this size normally have 3 bedrooms with a garden.
48, Claypit Lane, West Bromwich has an estimated sale value of £290,871 and an estimated rental value of £1,365 per month, assuming reasonable condition and based on the information available.
Claypit Lane, West Bromwich, B70 lies in the borough of Sandwell, within the B70 postal district.
48, Claypit Lane, West Bromwich has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 48, Claypit Lane, West Bromwich would be worth £305,415, with a potential rental value of £1,433 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £270,510, with a rental value of £1,269 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 48, Claypit Lane, West Bromwich has grown by £8,821 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £60 (4.4%). The property's estimated gross yield is currently 5.6%.
48, Claypit Lane, West Bromwich occupies a 163 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 5th largest.
48, Claypit Lane, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
48, Claypit Lane, West Bromwich last changed hands on 14th September 2015, selling for £156,500. 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 risen by 83.7% since September 2015.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 48, Claypit Lane, West Bromwich across the last 2 years.
Most recently, 46, Claypit Lane, West Bromwich, B70 9UN, a freehold house, sold at £159,995 on the 25th September 2015.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 48, Claypit Lane, West Bromwich as the 51st largest and the 12th most expensive of the 143 addresses on Claypit Lane, West Bromwich, B70.
Against the B70 postcode district average, it is £79k more expensive than the typical property.
Sandwell & Dudley station is the nearest stop to 48, Claypit Lane, West Bromwich at 1.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Claypit Lane, West Bromwich, 47.9% of property is socially rented and 21.9% 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 48, Claypit Lane, West Bromwich, 35.2% of residents are recorded as possessing school level qualifications and 19.9% 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 48, Claypit Lane, West Bromwich, the average age was 35.4 and the most common age was 7.
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 48, Claypit 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 48, Claypit Lane, West Bromwich, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.