55, Heath Lane
55, Heath Lane
Description & Estimates
55, Heath Lane, West Bromwich is recorded publicly as an early-century freehold house across 742 ft2 of internal area, sitting on a 190 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 55, Heath Lane, West Bromwich is £213,973 and its rental estimate is £1,244 per month, given the available information and assuming reasonable condition.
Heath Lane, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
Our Data Sources
55, Heath Lane, West Bromwich has 21 entries in the Land Registry , most recently in November 2008 and a single entry in the EPC database dated November 2022.
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 55, Heath Lane, West Bromwich, we estimate a market value of £224,672 and a rental value of £1,306 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,995 and £1,157 per month respectively.
Recent Market Change
Over the last year, 55, Heath Lane, West Bromwich has seen its estimated sale value climb by £6,489 (3.0%) and its estimated rental value rise by £54 per month (4.4%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 55, Heath Lane, West Bromwich as measuring 190 m2.
That makes it the 21st largest plot in the postcode, where 28 of the 29 other houses have recorded plot data.
Energy Efficiency
55, Heath Lane, West Bromwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 55, Heath Lane, West Bromwich completed on 17th November 2008 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 103.3% over the period since November 2008.
- Sold Nov 2008£100,000
- Sold Nov 1999£44,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, Heath Lane, West Bromwich have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2024, was 34, Stanway Road, West Bromwich, B71 1RW, a freehold house which sold for £172,000.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 120 addresses on Heath Lane, West Bromwich, B71, 55, Heath Lane, West Bromwich comes out as the 93rd largest and the 96th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the B71 district.
More reading links
Schools Nearby
- 300mSt Mary Magdalene CofE Voluntary Controlled Primary School
- 600mAll Saints CofE Primary School
- 900mSt John Bosco Catholic Primary School
- 500mThe Phoenix Collegiate
- 1.5kmShireland CBSO Academy
- 1.6kmWodensborough Ormiston Academy
More reading links
Public Transport Nearby
From 55, Heath Lane, West Bromwich, the nearest station is Tame Bridge Parkway, 2.1 kilometres away.
- 2.1kmTame Bridge Parkway
- 3.0kmBescot Stadium
- 3.4kmSandwell & Dudley
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.
