According to the public record, 18, Oaktree Road, Wednesbury is a early-century freehold house and with 1,001 ft2 of internal area and sits on a 246 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oaktree Road, Wednesbury, WS10 is located in the borough of Sandwell within the WS10 postal district.
18, Oaktree Road, Wednesbury has a single entry in the Land Registry database from November 2021 and no records in the EPC database.
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 18 Oaktree Road Wednesbury as £213,831 and the rental value as £1,096 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 18 Oaktree Road Wednesbury has increased by £4,113 (1.9%) and its rental value has increased by £47 per month (4.3%).
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 18, Oaktree Road, Wednesbury is in very good condition we estimate a sale value of £224,523 and rental value of £1,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,863 and a rental value of £1,019 per month.
If you were able to purchase this property for the estimated value of £213,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,051 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, 18, Oaktree Road, Wednesbury sits on a plot of 246m2.
We have plot size data on 15 out of 29 other houses in the postcode and 18, Oaktree Road, Wednesbury sits on the 4th largest plot.
According to HM Land Registry, 18, Oaktree Road, Wednesbury was last sold on 04 Nov 2021 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Oaktree Road, Wednesbury within a radius of 224m over the last 2 years.
The most recent example is 325, Crankhall Lane, Wednesbury, WS10 0QQ, a Freehold house which sold for £140,000 in Mar 2023.
Read more about house prices in WS10.
Oaktree Road, Wednesbury, WS10 has a total of 29 addresses. According to our analysis of all the public data, 18, Oaktree Road, Wednesbury is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in WS10.
18, Oaktree Road, Wednesbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 18, Oaktree Road, Wednesbury is Bescot Stadium station which is 1.1 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 18, Oaktree Road, Wednesbury, 43.6% of property is privately owned with a mortgage and 40.6% is privately owned outright.
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 18, Oaktree Road, Wednesbury, 14.8% of residents are recorded as possessing school level qualifications and 21.2% 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 18, Oaktree Road, Wednesbury, the average age was 39.2 and the most common age was 12.
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 18, Oaktree Road, Wednesbury, 0.3% 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 18, Oaktree Road, Wednesbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.