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Property Prices on Oak Lane, B70 - Full Market Breakdown
Discover how property values on Oak Lane in the B70 district in West Bromwich compare with surrounding streets and the wider city.
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Associated Postcodes:
B70 8PN, B70 8PW
What’s the true value of homes on Oak Lane?
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House Prices > West Bromwich > B70 > Oak Lane
Housing Activity on This Street
The Latest Price Trends on Oak Lane
- On Oak Lane, 8 homes have changed hands since 2021, averaging £116,700 per sale. These properties are typically 886 square feet, giving a cost of £143 per square foot.
- On Oak Lane, property prices have wandered from £68,000 to £190,000, while square foot values took a stroll between £84 and £272.
- February 2022 marked the final set of keys handed over on Oak Lane.
How This Road Compares Locally
Price Contrast: Oak Lane and Surrounding Areas
By Sector
B70 8
Looking to save? Oak Lane cuts about 38% off the sector’s usual prices. (£161,400 vs £116,700). These figures imply that Oak Lane offers a lower price by about £44,700 compared to sector averages.
By District
i.e. B70
Oak Lane properties are typically 47% less expensive than in the B70 district. (£116,700 vs £171,900). When comparing notes, homes on Oak Lane could leave you £55,200 better off.
By City or Town
i.e. West Bromwich
The average house price in West Bromwich surpasses that of Oak Lane by 66%. (£194,000 vs £116,700). This implies that purchasing on Oak Lane instead of West Bromwich could mean a cost reduction of £77,500.
Street Stats and Stories
Practical Useful Facts for Oak Lane
- There are 91 properties along this road, all sharing 4 postcodes.
- Every home on Oak Lane has stood for some time, with no evidence of modern new-build developments.
- On Oak Lane, properties have an average current EPC score of 59 (D) and could potentially rise to 82 (B).
- Homes on Oak Lane boast an average size of 886 square feet, rendering them 8% bigger than typical West Bromwich properties.
- The housing activity here is more rapid, with transactions closing every 11 months instead of the usual 12.51 months pace in B70.
Local Housing Highlights
How West Bromwich Homes Really Perform
Every postcode has a pace. These West Bromwich reads show which sell quickly, which hang back and why that still matters.
Additionally, you can explore West Bromwich’s market trajectory from 2018 to now on the House Prices in West Bromwich page.
Hidden Treasures Nearby
About the B70 Area
We’ve laid out a brief but informative look at B70’s current housing pulse.
255
No. of Roads
1,753
No. of Transactions
£200K
Avg. Property Price
886
per sq/ft
Avg. Property Size
£200
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Roads of Note
Other Roads to Consider
B70 Roads with Similar Prices
- Oxford Road
- Carden Close
- Skidmore Drive
- Borwick Avenue
- Cambridge Street
- Greets Green Road
