28A, Park Lane
28A, Park Lane
Description & Estimates
28A, Park Lane, Halesowen is recorded publicly as a mid-century freehold house across 1,130 ft2 of internal area, sitting on a 415 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 28A, Park Lane, Halesowen is £273,695 and its rental estimate is £1,279 per month, given the available information and assuming reasonable condition.
Park Lane, Halesowen, B63 falls within the B63 postal district, in the borough of Dudley.
Our Data Sources
28A, Park Lane, Halesowen has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 28A, Park Lane, Halesowen, we estimate a market value of £287,380 and a rental value of £1,343 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £254,536 and £1,189 per month respectively.
Recent Market Change
Over the last year, 28A, Park Lane, Halesowen has seen its estimated sale value decrease by £4,634 (1.7%) and its estimated rental value grow by £32 per month (2.5%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 28A, Park Lane, Halesowen as measuring 415 m2.
That makes it the 3rd largest plot in the postcode, where 46 of the 51 other houses have recorded plot data.
Energy Efficiency
28A, Park Lane, Halesowen has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 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 28A, Park Lane, Halesowen completed on 7th October 2019 at £142,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 71.2% over the period since October 2019.
- Sold Oct 2019£142,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28A, Park Lane, Halesowen have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2023, was 83, Long Innage, Halesowen, B63 2UY, a leasehold house which sold for £260,000.
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
Of the 74 addresses on Park Lane, Halesowen, B63, 28A, Park Lane, Halesowen comes out as the 5th largest and the 15th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the B63 district.
More reading links
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
From 28A, Park Lane, Halesowen, the nearest station is Cradley Heath, 1.1 kilometres away.
- 1.1kmCradley Heath
- 1.4kmLye (West Midlands)
- 2.9kmOld Hill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
