172 Spon Lane

    172, SPON LANE, WEST BROMWICH, B70 6BQ

    This terraced freehold property on Spon Lane last sold in December 2018 for £122,500. Based on price growth in the B70 district since then, its estimated current value is £180,711 — placing it in the 20th percentile nationally and the 34th percentile within B70. The property covers 82 m² (883 sq ft), giving an estimated value of £2,204 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    82 m²

    (883 sq ft)

    Last Sale Price

    £122,500

    Dec 2018

    Estimated Valuation

    £180,711

    Est. £/m²

    £2,204/m²

    £205/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area82 m² (883 sq ft)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    4 Dec 2018

    £122,500

    Key Metrics

    Estimated valuation£180,711
    Value per m² / sq ft£2,204/m² (£205/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile34th percentile
    National percentile20th percentile

    District Context — B70

    B70 covers Oldbury and surrounding areas in the Black Country, in the industrial heart of the West Midlands. It is a traditionally working-class neighbourhood with strong manufacturing heritage and a mix of older residential stock.

    Average Property Price - B70

    £201,641

    13

    National percentile

    Average Net Household Income - B70

    £29,956

    7

    National percentile

    10-Year Annualised Price Growth - B70

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B70

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