Before you offer on a home at B26 3TH: the checks to raise with your surveyor and conveyancer, whether an asking price stands up against what sold nearby, how prices here have moved since 1995, what it costs to run a home, and a buyer's report for every home on the postcode.
1 thing to raise before an offer, and a street where the typical sale was £203k. In Sheldon South.
1 to check4 clear£203k typical on Church Road
The checklist
Before you make an offer
Check
Flood risk from rivers or the sea21% of homes in this postcode are at high and 4% at medium risk. Ask about past flooding and get an insurance quote before you exchange (Environment Agency).
Note
Article 4 directionSome work normally allowed without planning permission needs it here (CITY WIDE HMO).
Note
1 listed building within 200 mIf the home itself is listed, most changes inside and out need consent: check the National Heritage List.
Note
Busy road: A45, 660 m awayAbout 46,890 vehicles a day in 2019 (DfT traffic counts).
Clear
No coal mining riskOutside the Coal Authority's coalfield.
Clear
Low ground hazardsBGS rates the wider area low for subsidence, landslides and sinkholes.
Clear
Quiet by WHO standardsRoad traffic about 42 dB (24-hour average), under the WHO guideline of 53.
Clear
Gigabit broadband100% of premises in the postcode can get it (Ofcom).
What homes cost and rent in Sheldon South, by size
Size
Typical value today
Cheaper quarter
Estimated rent
Gross yield
1 bed
£99k
£92k
£770 a month
9.3%
2 beds
£208k
£159k
£1,030 a month
5.9%
3 beds
£261k
£237k
£1,160 a month
5.3%
4+ beds
£313k
£275k
£1,430 a month
5.5%
All homes
£250k
£212k
£1,120 a month
5.4%
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare. Gross yield = a year's rent ÷ value, before costs. Compare it with other places