The listing price of £360,000 seems reasonable considering the size (1600 sqft) and number of bedrooms (5). Compared to similar properties on Stony Lane, it falls within the price range, though higher than some smaller homes in the area. However, the need for renovations could be factored into negotiations, potentially bringing the final price slightly below the asking price. The lack of plot size details makes it harder to fully assess value per square foot.

The property shows signs of wear and tear in several areas. While the main living spaces appear reasonably maintained, the bathrooms and particularly the outbuildings (garage and cellar) demonstrate significant need for renovation or repair. The kitchen is functional, but not modern. The overall condition isn’t poor, but neither is it excellent.

The property benefits from its proximity to several schools, including Crocketts Community Primary School which has an ‘Outstanding’ Ofsted rating. The location is also convenient to two train stations, Smethwick Rolfe Street and Smethwick Galton Bridge, offering good transport links. However, the immediate street, Stony Lane, has a mixed range of property values, and the surrounding area may not be considered amongst the most desirable in Birmingham. This is reflected in the average prices of nearby streets like Green Street and Yew Tree Road.

The property has a small yard/rear access, but no significant garden. While there’s outside space which is useful, it’s limited, resulting in a lower score for land.