55 Heath Lane

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

    This terraced freehold property on Heath Lane last sold in November 2008 for £100,000. Based on price growth in the B71 district since then, its estimated current value is £167,172 — placing it in the 16th percentile nationally and the 21st percentile within B71. The property covers 69 m² (743 sq ft), giving an estimated value of £2,423 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £100,000

    Nov 2008

    Estimated Valuation

    £167,172

    Est. £/m²

    £2,423/m²

    £225/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 area69 m² (743 sq ft)
    EPC dateNov 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Nov 2008

    £100,000

    30 Nov 1999

    £44,500

    Key Metrics

    Estimated valuation£167,172
    Value per m² / sq ft£2,423/m² (£225/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B71 district percentile21st percentile
    National percentile16th 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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