58, Coles Lane
58, Coles Lane
Description & Estimates
58, Coles Lane, West Bromwich is recorded publicly as an early-century freehold house across 1,097 ft2 of internal area, sitting on a 171 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 58, Coles Lane, West Bromwich is £250,950 and its rental estimate is £1,335 per month, given the available information and assuming reasonable condition.
Coles Lane, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
Our Data Sources
58, Coles Lane, West Bromwich has 31 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated October 2019.
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 58, Coles Lane, West Bromwich, we estimate a market value of £263,497 and a rental value of £1,401 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,383 and £1,241 per month respectively.
Recent Market Change
Over the last year, 58, Coles Lane, West Bromwich has seen its estimated sale value increase by £1,407 (0.6%) and its estimated rental value grow by £26 per month (1.9%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 58, Coles Lane, West Bromwich as measuring 171 m2.
That makes it the 35th largest plot in the postcode, where 38 of the 40 other houses have recorded plot data.
Energy Efficiency
58, Coles Lane, West Bromwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2019.
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 58, Coles Lane, West Bromwich completed on 15th November 2019 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 48.9% over the period since November 2019.
- Sold Nov 2019£165,000
- Sold Mar 2015£122,000
- Sold Oct 2003£96,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 58, Coles Lane, West Bromwich have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2022, was 4, The Broadway, West Bromwich, B71 2QG, a freehold house which sold for £280,000.
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 114 addresses on Coles Lane, West Bromwich, B71, 58, Coles Lane, West Bromwich comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the B71 district.
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Schools Nearby
- 300mHateley Heath Academy
- 300mSt John Bosco Catholic Primary School
- 600mMoorlands Primary School
- 800mThe Phoenix Collegiate
- 1.3kmWodensborough Ormiston Academy
- 1.4kmGeorge Salter Academy
More reading links
Public Transport Nearby
From 58, Coles Lane, West Bromwich, the nearest station is Tame Bridge Parkway, 2.7 kilometres away.
- 2.7kmTame Bridge Parkway
- 3.0kmBescot Stadium
- 3.2kmDudley Port
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.
