According to the public record, 16, Oliver Road, Smethwick is a period house with 775 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oliver Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
16, Oliver Road, Smethwick has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2014.
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 16 Oliver Road Smethwick as £164,947 and the rental value as £908 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 16 Oliver Road Smethwick has increased by £9,790 (5.9%) and its rental value has increased by £42 per month (4.6%).
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 16, Oliver Road, Smethwick is in very good condition we estimate a sale value of £173,194 and rental value of £954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,400 and a rental value of £845 per month.
If you were able to purchase this property for the estimated value of £164,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £811 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, 16, Oliver Road, Smethwick sits on a plot of 127m2.
We have plot size data on 16 out of 25 other houses in the postcode and 16, Oliver Road, Smethwick sits on the 7th largest plot.
According to HM Land Registry, 16, Oliver Road, Smethwick was last sold on 15 Oct 2001 for £28,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Oliver Road, Smethwick within a radius of 420 metres over the last 2 years.
The most recent example is 24, Oliver Road, Smethwick, B66 4PL, a Freehold house which sold for £50,000 in May 2023.
Read more about house prices in B66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oliver Road, Smethwick, B66 has a total of 25 addresses. According to our analysis of all the public data, 16, Oliver Road, Smethwick is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in B66.
16, Oliver Road, Smethwick has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2014.
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 16, Oliver Road, Smethwick is Smethwick Rolfe Street station which is 1.8 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 16, Oliver Road, Smethwick, 41.3% of property is privately owned with a mortgage and 37.1% is privately 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 16, Oliver Road, Smethwick, 39.1% of residents are recorded as possessing school level qualifications and 42.1% 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 16, Oliver 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 16, Oliver Road, Smethwick, 0.0% 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 16, Oliver 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.