According to the public record, 170, Merrivale Road, Smethwick is a period freehold house and with 834 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.
Merrivale Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
170, Merrivale Road, Smethwick has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated January 2010.
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 170 Merrivale Road Smethwick as £196,077 and the rental value as £1,067 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 170 Merrivale Road Smethwick has increased by £10,013 (5.1%) and its rental value has increased by £52 per month (4.8%).
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 170, Merrivale Road, Smethwick is in very good condition we estimate a sale value of £205,881 and rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,351 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £196,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £964 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, 170, Merrivale Road, Smethwick sits on a plot of 127m2.
We have plot size data on 10 out of 17 other houses in the postcode and 170, Merrivale Road, Smethwick sits on the 2nd largest plot.
According to HM Land Registry, 170, Merrivale Road, Smethwick was last sold on 20 Dec 2018 for £143,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 170, Merrivale Road, Smethwick within a radius of 42m over the last 2 years.
The most recent example is 188, Merrivale Road, Smethwick, B66 4EA, a Freehold house which sold for £190,000 in Oct 2022.
Read more about house prices in B66.
Merrivale Road, Smethwick, B66 has a total of 132 addresses. According to our analysis of all the public data, 170, Merrivale Road, Smethwick is the 85th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in B66.
170, Merrivale Road, Smethwick has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jan 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 170, Merrivale Road, Smethwick is Smethwick Rolfe Street station which is 1.8 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 170, Merrivale Road, Smethwick, 40.0% of property is privately rented and 30.4% 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 170, Merrivale Road, Smethwick, 21.5% of residents are recorded as possessing school level qualifications and 33.3% 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 170, Merrivale Road, Smethwick, the average age was 37.1 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 170, Merrivale 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 170, Merrivale Road, Smethwick, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.