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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
According to the public record, 5, New Road, West Bromwich is a modern freehold house with 1,119 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, New Road, West Bromwich is £295,546 and the estimated rental value is £1,398 per month.
New Road, West Bromwich, B70 is located in the borough of Sandwell within the B70 postal district.
5, New Road, West Bromwich has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, New Road, West Bromwich is in very good condition we estimate a sale value of £310,323 and a rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,858 and a rental value of £1,300 per month.
Over the last 12 months the sale value of 5 New Road West Bromwich has increased by an estimated £1,658 (0.6%) and its rental value has increased by an estimated £27 per month (1.9%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 5, New Road, West Bromwich sits on a plot of 147m2.
We have plot size data on 13 out of 16 other houses in the postcode and 5, New Road, West Bromwich sits on the 12th largest plot.
5, New Road, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, New Road, West Bromwich was last sold on 9th June 2017 for £177,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, New Road, West Bromwich within a radius of 610 metres over the last 2 years.
The most recent example is 3, New Road, West Bromwich, B70 9BQ, a freehold house which sold for £260,000 on the 24th October 2022.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, West Bromwich, B70 has a total of 16 addresses. According to our analysis of all the public data, 5, New Road, West Bromwich is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in B70.
The closest station to 5, New Road, West Bromwich is Sandwell & Dudley station which is 1.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, New Road, West Bromwich, 34.4% of property is privately owned with a mortgage and 27.0% is privately rented.
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 5, New Road, West Bromwich, 22.6% of residents are recorded as possessing school level qualifications and 26.3% 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 5, New Road, 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 5, New Road, 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 5, New Road, West Bromwich, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
