According to the public record, 18, Parkfield Road, Oldbury is a early-century house with 1,506 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parkfield Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
18, Parkfield Road, Oldbury has no records in the Land Registry database and a single entry in the EPC database dated February 2023.
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 18 Parkfield Road Oldbury as £352,283 and the rental value as £1,369 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 18 Parkfield Road Oldbury has increased by £4,404 (1.3%) and its rental value has increased by £18 per month (1.3%).
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, Parkfield Road, Oldbury is in very good condition we estimate a sale value of £369,898 and rental value of £1,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,624 and a rental value of £1,273 per month.
If you were able to purchase this property for the estimated value of £352,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,731 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, Parkfield Road, Oldbury sits on a plot of 406m2.
We have plot size data on 25 out of 51 other houses in the postcode and 18, Parkfield Road, Oldbury sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Parkfield Road, Oldbury within a radius of 223m over the last 2 years.
The most recent example is 2, Parkfield Road, Oldbury, B68 8PS, a Freehold house which sold for £390,000 in Aug 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, 18, Parkfield Road, Oldbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in B68.
18, Parkfield Road, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2023.
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 18, 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 18, 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 18, 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 18, 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 18, 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 18, 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.