240 Penns Lane

    240, PENNS LANE, SUTTON COLDFIELD, B76 1LQ

    This detached freehold property on Penns Lane last sold in November 2021 for £600,000. Based on price growth in the B76 district since then, its estimated current value is £695,405 — placing it in the 90th percentile nationally and the 97th percentile within B76. The property covers 132 m² (1,421 sq ft), giving an estimated value of £5,268 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    132 m²

    (1,421 sq ft)

    Last Sale Price

    £600,000

    Nov 2021

    Estimated Valuation

    £695,405

    Est. £/m²

    £5,268/m²

    £489/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area132 m² (1,421 sq ft)
    EPC dateJun 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Nov 2021

    £600,000

    24 Jul 2009

    £336,000

    10 Sept 1997

    £122,000

    Key Metrics

    Estimated valuation£695,405
    Value per m² / sq ft£5,268/m² (£489/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B76 district percentile97th percentile
    National percentile90th 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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