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Company No. 11113204
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According to the public record, 49, Heath Lane, West Bromwich is a freehold house that sits on a 187 m2 plot.
By comparing it to neighbours, we estimate that it is an early-century house with 813 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Heath Lane, West Bromwich is £221,615 and the estimated rental value is £1,259 per month.
Heath Lane, West Bromwich, B71 is located in the borough of Sandwell within the B71 postal district.
49, Heath Lane, West Bromwich has 21 entries in the Land Registry , most recently in September 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Heath Lane, West Bromwich is in very good condition we estimate a sale value of £232,696 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,102 and a rental value of £1,171 per month.
Over the past 12 months, the estimated sale value of 49, Heath Lane, West Bromwich has grown by £6,720 (3.0%), while its estimated rental value has climbed by £55 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.8%.
According to data from HM Land Registry, 49, Heath Lane, West Bromwich sits on a plot of 187 m2.
We have plot size data on 28 out of 29 other houses in the postcode and 49, Heath Lane, West Bromwich sits on the 22nd largest plot.
According to HM Land Registry, 49, Heath Lane, West Bromwich was last sold on 26th September 2008 for £92,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2008, the market for similar properties has risen by 97.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Heath Lane, West Bromwich within a radius of 540 metres over the last 2 years.
The most recent example is 54, Cumberland Road, West Bromwich, B71 1HP, a freehold house which sold for £165,000 on the 17th September 2021.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Lane, West Bromwich, B71 has a total of 120 addresses. According to our analysis of all the public data, 49, Heath Lane, West Bromwich is the 81st largest and the 87th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in B71.
The closest station to 49, Heath Lane, West Bromwich is Tame Bridge Parkway station, which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, 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 49, 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 49, 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 49, 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 49, 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.
