40 Penns Lake Road

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

    This detached leasehold property on Penns Lake Road last sold in July 2023 for £485,000. Based on price growth in the B76 district since then, its estimated current value is £489,985 — placing it in the 78th percentile nationally and the 82nd percentile within B76. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,951 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    124 m²

    (1,335 sq ft)

    Last Sale Price

    £485,000

    Jul 2023

    Estimated Valuation

    £489,985

    Est. £/m²

    £3,951/m²

    £367/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area124 m² (1,335 sq ft)
    EPC dateMay 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2023

    £485,000

    11 Feb 2000

    £174,950

    Key Metrics

    Estimated valuation£489,985
    Value per m² / sq ft£3,951/m² (£367/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B76 district percentile82nd percentile
    National percentile78th 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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