51 Heath Lane

    51, HEATH LANE, WEST BROMWICH, B71 2BN

    This terraced freehold property on Heath Lane last sold in March 2012 for £72,500. Based on price growth in the B71 district since then, its estimated current value is £145,696 — placing it in the 12th percentile nationally and the 16th percentile within B71. The property covers 63 m² (678 sq ft), giving an estimated value of £2,313 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    63 m²

    (678 sq ft)

    Last Sale Price

    £72,500

    Mar 2012

    Estimated Valuation

    £145,696

    Est. £/m²

    £2,313/m²

    £215/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area63 m² (678 sq ft)
    EPC dateDec 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2012

    £72,500

    28 Jun 1996

    £31,000

    Key Metrics

    Estimated valuation£145,696
    Value per m² / sq ft£2,313/m² (£215/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile16th percentile
    National percentile12th percentile

    District Context — B71

    B71 covers Wednesbury and surrounding areas in the West Midlands, situated between Birmingham and Wolverhampton. It is a working-class neighbourhood with a mix of terraced housing, light industry, and local services.

    Average Property Price - B71

    £232,287

    22

    National percentile

    Average Net Household Income - B71

    £31,873

    13

    National percentile

    10-Year Annualised Price Growth - B71

    5.9%

    96

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B71

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