7 Cherry Lane

    7, CHERRY LANE, SUTTON COLDFIELD, B73 5TW

    This detached freehold property on Cherry Lane last sold in May 2017 for £320,000. Based on price growth in the B73 district since then, its estimated current value is £386,136 — placing it in the 65th percentile nationally and the 51st percentile within B73. The property covers 117 m² (1,259 sq ft), giving an estimated value of £3,300 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    117 m²

    (1,259 sq ft)

    Last Sale Price

    £320,000

    May 2017

    Estimated Valuation

    £386,136

    Est. £/m²

    £3,300/m²

    £307/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area117 m² (1,259 sq ft)
    EPC dateOct 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2017

    £320,000

    15 Feb 2013

    £249,950

    8 Aug 2002

    £168,000

    29 Aug 1997

    New build

    £117,000

    Key Metrics

    Estimated valuation£386,136
    Value per m² / sq ft£3,300/m² (£307/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B73 district percentile51st percentile
    National percentile65th percentile

    District Context — B73

    B73 covers Walsall and surrounding areas in the West Midlands, positioned between Birmingham and Wolverhampton. It is a mixed residential district with a diverse housing stock and strong owner-occupier presence.

    Average Property Price - B73

    £364,690

    60

    National percentile

    Average Net Household Income - B73

    £45,993

    79

    National percentile

    10-Year Annualised Price Growth - B73

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B73

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