5, Colley Lane
5, Colley Lane
Description & Estimates
5, Colley Lane, Halesowen is described in the public record as a mid-century house with 452 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Colley Lane, Halesowen is £208,816 and its rental estimate is £849 per month, given the available information and assuming reasonable condition.
Colley Lane, Halesowen, B63 falls within the B63 postal district, in the borough of Dudley.
Our Data Sources
5, Colley Lane, Halesowen has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 5, Colley Lane, Halesowen, we estimate a market value of £219,256 and a rental value of £891 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,199 and £789 per month respectively.
Recent Market Change
Over the last year, 5, Colley Lane, Halesowen has seen its estimated sale value rise by £1,737 (0.8%) and its estimated rental value move up by £45 per month (5.3%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
5, Colley Lane, Halesowen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 550 metres of 5, Colley Lane, Halesowen, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2023, was 40, Colley Lane, Halesowen, B63 2TL, a freehold house which sold for £355,000.
Read more about house prices in B63.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 103 addresses on Colley Lane, Halesowen, B63, 5, Colley Lane, Halesowen comes out as the 97th largest and the 65th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the B63 district.
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Schools Nearby
- 0mColley Lane Primary Academy
- 200mCradley CofE Primary School
- 1.0kmCaslon Primary Community School
- 2.1kmWindsor High School and Sixth Form
- 2.2kmThorns Collegiate Academy
- 2.3kmOrmiston Forge Academy
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Public Transport Nearby
From 5, Colley Lane, Halesowen, the nearest station is Cradley Heath, 900 metres away.
- 900mCradley Heath
- 2.0kmLye (West Midlands)
- 2.3kmOld Hill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
