56, Stanway Road
56, Stanway Road
Description & Estimates
Public records show 56, Stanway Road, West Bromwich to be an early-century freehold house with 850 ft2 of internal area, sitting on a 139 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
56, Stanway Road, West Bromwich has an estimated sale value of £201,756 and an estimated rental value of £1,200 per month, assuming reasonable condition and based on the information available.
Stanway Road, West Bromwich, B71 lies in the borough of Sandwell, within the B71 postal district.
Our Data Sources
56, Stanway Road, West Bromwich has 21 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 56, Stanway Road, West Bromwich would be worth £211,844, with a potential rental value of £1,260 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,633, with a rental value of £1,116 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Stanway Road, West Bromwich has grown by £6,118 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £52 (4.4%). The property's estimated gross yield is currently 7.1%.
Plot Size
56, Stanway Road, West Bromwich occupies a 139 m2 plot as recorded by HM Land Registry.
All 44 other houses in this postcode have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
56, Stanway Road, West Bromwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Stanway Road, West Bromwich last changed hands on 18th December 2023, selling for £212,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.9% since December 2023.
- Sold Dec 2023£212,000
- Sold Mar 1996£48,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 56, Stanway Road, West Bromwich across the last 2 years.
Most recently, 34, Stanway Road, West Bromwich, B71 1RW, a freehold house, sold at £172,000 on the 23rd May 2024.
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
Our analysis of the public data ranks 56, Stanway Road, West Bromwich as the 24th largest and the 25th most expensive of the 46 addresses on Stanway Road, West Bromwich, B71.
Against the B71 postcode district average, it is £10k less expensive than the typical property.
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Schools Nearby
- 100mSt Mary Magdalene CofE Voluntary Controlled Primary School
- 300mAll Saints CofE Primary School
- 700mEaton Valley Primary School
- 800mThe Phoenix Collegiate
- 1.2kmShireland CBSO Academy
- 1.4kmShireland Biomedical Utc
More reading links
Public Transport Nearby
Tame Bridge Parkway station is the nearest stop to 56, Stanway Road, West Bromwich at 2.4 kilometres away.
- 2.4kmTame Bridge Parkway
- 3.1kmSandwell & Dudley
- 3.3kmBescot Stadium
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
