According to the public record, 1, Parkfield Road, Oldbury is a early-century freehold house and with 807 ft2 of internal area and sits on a 384 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkfield Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
1, Parkfield Road, Oldbury has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Parkfield Road Oldbury as £258,610 and the rental value as £1,244 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1 Parkfield Road Oldbury has increased by £7,547 (2.9%) and its rental value has increased by £37 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Parkfield Road, Oldbury is in very good condition we estimate a sale value of £271,541 and rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,507 and a rental value of £1,157 per month.
If you were able to purchase this property for the estimated value of £258,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,271 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Parkfield Road, Oldbury sits on a plot of 384m2.
We have plot size data on 25 out of 51 other houses in the postcode and 1, Parkfield Road, Oldbury sits on the 11th largest plot.
According to HM Land Registry, 1, Parkfield Road, Oldbury was last sold on 23 Apr 2014 for £140,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 73.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Parkfield Road, Oldbury within a radius of 153m over the last 2 years.
The most recent example is 28, Windsor Road, Oldbury, B68 8NY, a Freehold house which sold for £253,500 in May 2023.
Read more about house prices in B68.
Parkfield Road, Oldbury, B68 has a total of 106 addresses. According to our analysis of all the public data, 1, Parkfield Road, Oldbury is the 89th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in B68.
1, Parkfield Road, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Parkfield Road, Oldbury 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 1, Parkfield Road, Oldbury, 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 1, Parkfield Road, Oldbury, 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 1, Parkfield Road, Oldbury, 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 1, Parkfield Road, Oldbury, 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 1, Parkfield Road, Oldbury, 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.