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Park Lane, B78 Property Price Report
Take a look at market activity on Park Lane in the B78 district in Tamworth and see how it compares.
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Associated Postcodes:
B78 2AY, B78 3HX, B78 3HY, ... + 1 more
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House Prices > Tamworth > B78 > Park Lane
Property Activity On This Street
The Market in Numbers: Park Lane
- Park Lane has seen 22 sales since 2021, each averaging around £444,400. The average size of these properties is 1,657 square feet, equating to £285 per square foot.
- House prices on Park Lane have fallen between £270,000 and £770,000, with square footage costs shifting between £166 and £378.
- The latest property transaction on Park Lane concluded in June 2023.
Street Value vs Area Trends
Park Lane’s Market vs Surrounding Areas
By Locality
Bonehill
In Bonehill, house prices dip 18% lower than on Park Lane on average. (£365,500 vs £444,400) According to this comparison, selecting Bonehill over Park Lane could save buyers about £78,900.
By Sector
B78 2
You might call B78 2 the budget-friendly cousin of Park Lane, saving you 40%. (£268,600 vs £444,400) With this data, a similar property elsewhere in the sector could save you about £175,800 over buying on Park Lane.
By District
i.e. B78
House prices in the B78 district are 41% more affordable than on Park Lane. (£260,300 vs £444,400). When crunching the data, it’s clear that Park Lane properties tend to cost about £184,100 more than their district counterparts.
By City or Town
i.e. Tamworth
The property landscape in Tamworth reflects values approximately 38% lower than on Park Lane. (£278,000 vs £444,400). As a result, buying elsewhere in Tamworth instead of Park Lane could mean paying around £166,900 less for a similar property.
Street Perks and Particulars
Essential Useful Facts About Park Lane
- With 90 properties to its name, this road runs across 4 postcode identifiers.
- There are no newly built homes on Park Lane.
- At present, the EPC rating for properties on Park Lane stands at 60 (D), though improvements could bring this up to 78 (C).
- On average, homes on Park Lane offer 1,657 square feet, surpassing Tamworth properties by 44% in total size.
- Homes tend to sell every 4 months here, which is quicker than the typical 8.09 months seen throughout B78.
Insider Looks at Local Homes
Your Street-Level Look at Tamworth
Looking to purchase or invest in Tamworth? Our guides highlight the best locations, market trends, and strategies for securing the perfect deal.
Also, for a closer look at how the market has evolved since 2018, the Property Prices in Tamworth page gives you just that.
Area Adventures Made Easy
Unpacking B78: Insights & Info
B78 might not be shouting for attention, but the shifts happening here are worth a look.
295
No. of Roads
3,135
No. of Transactions
£300K
Avg. Property Price
986
per sq/ft
Avg. Property Size
£267
per sq/ft
Avg. Cost Per Sq/Ft
Roads Close By to Know
Nearby Streets That Stand Out
Popular Roads in B78
B78 Roads with Similar Prices
- School Lane
- Hurst View
- Pooley Lane
- Middleton Lane
- Gainsborough Drive
- West Drive
