According to the public record, 108, Gilbert Road, Smethwick is a modern apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Gilbert Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
108, Gilbert Road, Smethwick has no records in the Land Registry database and a single entry in the EPC database dated January 2017.
We combine this information with public data 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 108 Gilbert Road Smethwick as £69,669 and the rental value as £521 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 108 Gilbert Road Smethwick has increased by £1,029 (1.5%) and its rental value has increased by £3 per month (0.6%).
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 108, Gilbert Road, Smethwick is in very good condition we estimate a sale value of £73,152 and rental value of £547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,792 and a rental value of £485 per month.
If you were able to purchase this property for the estimated value of £69,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £342 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 the Land Registry and our network of Estate Agents, there have been 3 property sales within a 450 metres radius of 108, Gilbert Road, Smethwick over the last 2 years.
The most recent example is 85, Sycamore Road, Smethwick, B66 4NT, a Freehold house which sold for £257,000 in Jan 2024.
Read more about house prices in B66.
Gilbert Road, Smethwick, B66 has a total of 122 addresses. According to our analysis of all the public data, 108, Gilbert Road, Smethwick is the 114th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in B66.
108, Gilbert Road, Smethwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jan 2017.
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 108, Gilbert Road, Smethwick is Smethwick Rolfe Street station which is 1.4 kilometres 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 108, Gilbert Road, Smethwick, 34.0% of property is privately owned outright and 27.4% is socially rented.
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 108, Gilbert Road, Smethwick, 25.8% of residents are recorded as possessing school level qualifications and 23.5% 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 108, Gilbert Road, Smethwick, the average age was 40.2 and the most common age was 32.
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 108, Gilbert Road, Smethwick, 0.7% 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 108, Gilbert Road, Smethwick, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.