245 Bromford Lane

    245, BROMFORD LANE, WEST BROMWICH, B70 7HT

    This terraced freehold property on Bromford Lane last sold in June 2015 for £100,000. Based on price growth in the B70 district since then, its estimated current value is £166,844 — placing it in the 16th percentile nationally and the 26th percentile within B70. The property covers 109 m² (1,173 sq ft), giving an estimated value of £1,531 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    109 m²

    (1,173 sq ft)

    Last Sale Price

    £100,000

    Jun 2015

    Estimated Valuation

    £166,844

    Est. £/m²

    £1,531/m²

    £142/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area109 m² (1,173 sq ft)
    EPC dateJun 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2015

    £100,000

    19 Apr 2005

    £101,000

    Key Metrics

    Estimated valuation£166,844
    Value per m² / sq ft£1,531/m² (£142/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile26th percentile
    National percentile16th 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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