18 Penns Lake Road

    18, PENNS LAKE ROAD, SUTTON COLDFIELD, B76 1LL

    This detached leasehold property on Penns Lake Road last sold in March 2021 for £540,000. Based on price growth in the B76 district since then, its estimated current value is £625,865 — placing it in the 87th percentile nationally and the 94th percentile within B76. The property covers 132 m² (1,421 sq ft), giving an estimated value of £4,741 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    132 m²

    (1,421 sq ft)

    Last Sale Price

    £540,000

    Mar 2021

    Estimated Valuation

    £625,865

    Est. £/m²

    £4,741/m²

    £440/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area132 m² (1,421 sq ft)
    EPC dateNov 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2021

    £540,000

    2 Jul 2007

    £305,000

    2 Jul 2007

    £305,000

    Key Metrics

    Estimated valuation£625,865
    Value per m² / sq ft£4,741/m² (£440/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B76 district percentile94th percentile
    National percentile87th percentile

    District Context — B76

    B76 covers Tamworth and surrounding areas in Staffordshire, located in the heart of the West Midlands. It is a residential district with a blend of suburban character and access to local employment and amenities.

    Average Property Price - B76

    £339,925

    54

    National percentile

    Average Net Household Income - B76

    £43,495

    71

    National percentile

    10-Year Annualised Price Growth - B76

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B76

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