53 Heath Lane

    53, HEATH LANE, WEST BROMWICH, WEST BROMWICH, B71 2BN

    This terraced freehold property on Heath Lane last sold in October 2007 for £99,000. Based on price growth in the B71 district since then, its estimated current value is £156,250 — placing it in the 14th percentile nationally and the 18th percentile within B71. The property covers 64 m² (689 sq ft), giving an estimated value of £2,441 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £99,000

    Oct 2007

    Estimated Valuation

    £156,250

    Est. £/m²

    £2,441/m²

    £227/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateDec 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2007

    £99,000

    18 Feb 2003

    £61,000

    Key Metrics

    Estimated valuation£156,250
    Value per m² / sq ft£2,441/m² (£227/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile18th percentile
    National percentile14th 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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