78, Park Lane
78, Park Lane
Description & Estimates
The public record lists 78, Park Lane, Halesowen as a freehold house sitting on a 225 m2 plot.
Comparison with its neighbours suggests an early-century house with 888 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
78, Park Lane, Halesowen has an estimated sale value of £201,626 and an estimated rental value of £1,080 per month, assuming reasonable condition and based on the information available.
Park Lane, Halesowen, B63 lies in the borough of Dudley, within the B63 postal district.
Our Data Sources
78, Park Lane, Halesowen has 21 entries in the Land Registry , most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 78, Park Lane, Halesowen would be worth £211,707, with a potential rental value of £1,134 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,512, with a rental value of £1,005 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 78, Park Lane, Halesowen has moved down by £394 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £42 (3.9%). The property's estimated gross yield is currently 6.4%.
Plot Size
78, Park Lane, Halesowen occupies a 225 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 46 have recorded plot sizes, and this one ranks as the 32nd largest.
Sold Prices
78, Park Lane, Halesowen last changed hands on 15th February 2008, selling for £111,000. 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 83.4% since February 2008.
- Sold Feb 2008£111,000
- Sold Jul 2000£39,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 78, Park Lane, Halesowen across the last 2 years.
Most recently, 48, Park Lane, Halesowen, B63 2NT, a freehold house, sold at £167,500 on the 11th August 2021.
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 78, Park Lane, Halesowen as the 25th largest and the 37th most expensive of the 74 addresses on Park Lane, Halesowen, B63.
Against the B63 postcode district average, it is £42k less expensive than the typical property.
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Schools Nearby
- 500mColley Lane Primary Academy
- 600mCradley CofE Primary School
- 900mCaslon Primary Community School
- 1.7kmThorns Collegiate Academy
- 2.4kmThe Pedmore High School
- 2.5kmWindsor High School and Sixth Form
More reading links
Public Transport Nearby
Cradley Heath station is the nearest stop to 78, Park Lane, Halesowen at 1.1 kilometres away.
- 1.1kmCradley Heath
- 1.4kmLye (West Midlands)
- 2.9kmOld Hill
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.
