37A, Heath Lane
37A, Heath Lane
Description & Estimates
37A, Heath Lane, West Bromwich is described in the public record as an early-century apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 37A, Heath Lane, West Bromwich is £87,163 and its rental estimate is £593 per month, given the available information and assuming reasonable condition.
Heath Lane, West Bromwich, B71 falls within the B71 postal district, in the borough of Sandwell.
Our Data Sources
37A, Heath Lane, West Bromwich has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 37A, Heath Lane, West Bromwich, we estimate a market value of £91,521 and a rental value of £623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,062 and £552 per month respectively.
Recent Market Change
Over the last year, 37A, Heath Lane, West Bromwich has seen its estimated sale value increase by £786 (0.9%) and its estimated rental value grow by £10 per month (1.7%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
37A, Heath Lane, West Bromwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37A, Heath Lane, West Bromwich have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2021, was 17, Vicarage Road, West Bromwich, B71 1AN, a leasehold flat which sold for £8,000.
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 120 addresses on Heath Lane, West Bromwich, B71, 37A, Heath Lane, West Bromwich comes out as the 120th largest and the 120th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the B71 district.
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Schools Nearby
- 300mSt Mary Magdalene CofE Voluntary Controlled Primary School
- 600mAll Saints CofE Primary School
- 900mSt John Bosco Catholic Primary School
- 500mThe Phoenix Collegiate
- 1.5kmShireland CBSO Academy
- 1.6kmWodensborough Ormiston Academy
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Public Transport Nearby
From 37A, Heath Lane, West Bromwich, the nearest station is Tame Bridge Parkway, 2.1 kilometres away.
- 2.1kmTame Bridge Parkway
- 3.0kmBescot Stadium
- 3.4kmSandwell & Dudley
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.
