240 Park Road

    240, PARK ROAD, SMETHWICK, B67 5HX

    This terraced leasehold property on Park Road last sold in February 2024 for £118,500. Based on price growth in the B67 district since then, its estimated current value is £126,526 — placing it in the 8th percentile nationally and the 5th percentile within B67. The property covers 77 m² (829 sq ft), giving an estimated value of £1,643 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    77 m²

    (829 sq ft)

    Last Sale Price

    £118,500

    Feb 2024

    Estimated Valuation

    £126,526

    Est. £/m²

    £1,643/m²

    £153/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area77 m² (829 sq ft)
    EPC dateMay 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2024

    £118,500

    Key Metrics

    Estimated valuation£126,526
    Value per m² / sq ft£1,643/m² (£153/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B67 district percentile5th percentile
    National percentile8th percentile

    District Context — B67

    B67 covers Wednesbury and surrounding areas in the West Midlands, located between Birmingham and Wolverhampton. It is a working-class neighbourhood with strong industrial heritage, offering affordable housing and genuine community roots.

    Average Property Price - B67

    £231,659

    22

    National percentile

    Average Net Household Income - B67

    £33,837

    24

    National percentile

    10-Year Annualised Price Growth - B67

    5.5%

    94

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B67

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