According to the public record, 176, Lightwoods Hill, Smethwick is a period freehold house with 1,625 ft2 of internal area and sits on a 499 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lightwoods Hill, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
176, Lightwoods Hill, Smethwick has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 176 Lightwoods Hill Smethwick as £554,191 and the rental value as £1,587 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 176 Lightwoods Hill Smethwick has increased by £5,013 (0.9%) and its rental value has increased by £4 per month (0.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 176, Lightwoods Hill, Smethwick is in very good condition we estimate a sale value of £581,901 and rental value of £1,666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,398 and a rental value of £1,476 per month.
If you were able to purchase this property for the estimated value of £554,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,724 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 176, Lightwoods Hill, Smethwick sits on a plot of 499m2.
We have plot size data on 15 out of 19 other houses in the postcode and 176, Lightwoods Hill, Smethwick sits on the 6th largest plot.
According to HM Land Registry, 176, Lightwoods Hill, Smethwick was last sold on 15 Dec 2017 for £386,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 176, Lightwoods Hill, Smethwick within a radius of 660 metres over the last 2 years.
The most recent example is 208, Lightwoods Hill, Smethwick, B67 5EH, a Freehold house which sold for £570,000 in Feb 2023.
Read more about house prices in B67.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lightwoods Hill, Smethwick, B67 has a total of 112 addresses. According to our analysis of all the public data, 176, Lightwoods Hill, Smethwick is the 60th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £334k more expensive than the average property in B67.
176, Lightwoods Hill, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 176, Lightwoods Hill, Smethwick is Langley Green station which is 3.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 176, Lightwoods Hill, Smethwick, 53.5% of property is privately owned outright and 38.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 176, Lightwoods Hill, Smethwick, 25.4% of residents are recorded as possessing school level qualifications and 56.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 176, Lightwoods Hill, Smethwick, the average age was 37.1 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 176, Lightwoods Hill, Smethwick, 1.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 176, Lightwoods Hill, Smethwick, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.