B68 8PS is a residential postcode located on Parkfield Road, Oldbury, B68. It is the 1041st largest postcode in the B68 area.
It contains 52 residential addresses consisting of 51 houses and 1 flat and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £266,289. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 3.0%.
Property sale values range from £174,191 for a leasehold flat, with 3 bedrooms split across 861 square feet of gross internal area and has no outside space to £352,283 for a freehold house, with 4 bedrooms split across 1,507 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B68 8PS is £309/ft2.
Properties achieve a rental yield of between 4.7% and 6.1%, and rental values range from £887 to £1,369 per month.
The last sale was 18 Aug 2023 for £390,000 and since then the market in the area as increased by 2.7%. The postcode has had a total of 4 sales since 1995.
B68 8PS has seen 2 sales in the last three years and no sales in the last twelve months.
B68 8PS is the 1041st largest and the 899th most expensive postcode out of the 1,091 postcodes in the B68 area.
B68 8PS is a residential postcode located on Parkfield Road, Oldbury, B68 with 51 houses and 1 flat within its bounds.
The most common property type in B68 8PS is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to B68 8PS is Langley Green station which is 1.2 km 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 B68 8PS, 45.4% of property is privately owned outright and 39.2% 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 B68 8PS, 21.3% of residents are recorded as possessing school level qualifications and 24.7% 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 B68 8PS, the average age was 39.3 and the most common age was 52.
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 B68 8PS, 3.3% 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 B68 8PS, 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.