48, Tunnel Road
48, Tunnel Road
Description & Estimates
48, Tunnel Road, West Bromwich is recorded publicly as a modern freehold house across 882 ft2 of internal area, sitting on a 310 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Tunnel Road, West Bromwich is £284,626 and its rental estimate is £1,382 per month, given the available information and assuming reasonable condition.
Tunnel Road, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
48, Tunnel Road, West Bromwich has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that 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.
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 48, Tunnel Road, West Bromwich, we estimate a market value of £298,858 and a rental value of £1,451 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,703 and £1,285 per month respectively.
Recent Market Change
Over the last year, 48, Tunnel Road, West Bromwich has seen its estimated sale value increase by £8,631 (3.0%) and its estimated rental value grow by £60 per month (4.4%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 48, Tunnel Road, West Bromwich as measuring 310 m2.
That makes it the 5th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
48, Tunnel Road, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Tunnel Road, West Bromwich completed on 6th December 2017 at £175,000 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 53.6% over the period since December 2017.
- Sold Dec 2017£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Tunnel Road, West Bromwich have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2018, was 52, Tunnel Road, West Bromwich, B70 0FG, a freehold house which sold for £175,000.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 33 addresses on Tunnel Road, West Bromwich, B70, 48, Tunnel Road, West Bromwich comes out as the 12th largest and the 10th most expensive in our analysis of the public data.
It is also £72k more expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 700mHarvills Hawthorn Primary School
- 800mHateley Heath Academy
- 900mSt John Bosco Catholic Primary School
- 1.3kmThe Phoenix Collegiate
- 1.4kmWodensborough Ormiston Academy
- 1.6kmGeorge Salter Academy
More reading links
Public Transport Nearby
From 48, Tunnel Road, West Bromwich, the nearest station is Dudley Port, 2.8 kilometres away.
- 2.8kmDudley Port
- 3.1kmBescot Stadium
- 3.1kmTame Bridge Parkway
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.
