62a Penns Lane

    62A, PENNS LANE, SUTTON COLDFIELD, B72 1BD

    This detached freehold property on Penns Lane last sold in October 2017 for £355,000. Based on price growth in the B72 district since then, its estimated current value is £491,922 — placing it in the 78th percentile nationally and the 68th percentile within B72. The property covers 118 m² (1,270 sq ft), giving an estimated value of £4,169 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £355,000

    Oct 2017

    Estimated Valuation

    £491,922

    Est. £/m²

    £4,169/m²

    £387/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area118 m² (1,270 sq ft)
    EPC dateJan 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Oct 2017

    £355,000

    30 Apr 2004

    £225,000

    24 Mar 1995

    £90,000

    Key Metrics

    Estimated valuation£491,922
    Value per m² / sq ft£4,169/m² (£387/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B72 district percentile68th percentile
    National percentile78th percentile

    District Context — B72

    B72 covers Sutton Coldfield and surrounding areas in north Birmingham. It is a predominantly affluent, established residential district with strong family appeal and a mature demographic profile.

    Average Property Price - B72

    £386,208

    64

    National percentile

    Average Net Household Income - B72

    £46,188

    79

    National percentile

    10-Year Annualised Price Growth - B72

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B72

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