7, Banners Lane
7, Banners Lane
Description & Estimates
Public records show 7, Banners Lane, Halesowen to be a modern freehold house with 807 ft2 of internal area, sitting on a 178 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Banners Lane, Halesowen has an estimated sale value of £227,078 and an estimated rental value of £1,116 per month, assuming reasonable condition and based on the information available.
Banners Lane, Halesowen, B63 lies in the borough of Dudley, within the B63 postal district.
Our Data Sources
7, Banners Lane, Halesowen has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated May 2012.
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
In very good condition, we estimate 7, Banners Lane, Halesowen would be worth £238,432, with a potential rental value of £1,172 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £211,183, with a rental value of £1,038 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 7, Banners Lane, Halesowen has dropped by £444 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £44 (3.9%). The property's estimated gross yield is currently 5.9%.
Plot Size
7, Banners Lane, Halesowen occupies a 178 m2 plot as recorded by HM Land Registry.
Of the 35 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 20th largest.
Energy Efficiency
7, Banners Lane, Halesowen has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 May 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Banners Lane, Halesowen last changed hands on 12th October 2018, selling for £162,000. 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 risen by 49.8% since October 2018.
- Sold Oct 2018£162,000
- Sold Jun 2012£154,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 7, Banners Lane, Halesowen across the last 2 years.
Most recently, 9, Banners Lane, Halesowen, B63 2AX, a freehold house, sold at £212,500 on the 2nd May 2024.
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
Our analysis of the public data ranks 7, Banners Lane, Halesowen as the 74th largest and the 58th most expensive of the 91 addresses on Banners Lane, Halesowen, B63.
Against the B63 postcode district average, it is £16k less expensive than the typical property.
More reading links
Schools Nearby
- 400mTimbertree Academy
- 800mCradley CofE Primary School
- 800mColley Lane Primary Academy
- 1.6kmWindsor High School and Sixth Form
- 1.8kmOrmiston Forge Academy
- 2.0kmThe Earls High School
More reading links
Public Transport Nearby
Cradley Heath station is the nearest stop to 7, Banners Lane, Halesowen at 1.3 kilometres away.
- 1.3kmCradley Heath
- 1.7kmOld Hill
- 2.7kmLye (West Midlands)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
