According to the public record, 197, Wolverhampton Road, Oldbury is a early-century freehold house and with 882 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wolverhampton Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
197, Wolverhampton Road, Oldbury has 21 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated January 2014.
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 197 Wolverhampton Road Oldbury as £285,046 and the rental value as £1,259 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 197 Wolverhampton Road Oldbury has increased by £7,559 (2.7%) and its rental value has increased by £40 per month (3.1%).
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 197, Wolverhampton Road, Oldbury is in very good condition we estimate a sale value of £299,298 and rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,092 and a rental value of £1,171 per month.
If you were able to purchase this property for the estimated value of £285,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,401 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, 197, Wolverhampton Road, Oldbury sits on a plot of 363m2.
We have plot size data on 21 out of 35 other houses in the postcode and 197, Wolverhampton Road, Oldbury sits on the 5th largest plot.
According to HM Land Registry, 197, Wolverhampton Road, Oldbury was last sold on 28 Mar 2018 for £284,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has risen 41.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 197, Wolverhampton Road, Oldbury within a radius of 349m over the last 2 years.
The most recent example is 159, Wolverhampton Road, Oldbury, B68 0NB, a Freehold house which sold for £290,000 in May 2024.
Read more about house prices in B68.
Wolverhampton Road, Oldbury, B68 has a total of 331 addresses. According to our analysis of all the public data, 197, Wolverhampton Road, Oldbury is the 244th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in B68.
197, Wolverhampton Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 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 197, Wolverhampton Road, Oldbury is Rowley Regis station which is 2.2 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 197, Wolverhampton Road, Oldbury, 47.5% of property is privately owned outright and 41.5% 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 197, Wolverhampton Road, Oldbury, 23.3% of residents are recorded as possessing school level qualifications and 27.6% 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 197, Wolverhampton Road, Oldbury, the average age was 41.7 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 197, Wolverhampton Road, Oldbury, 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 197, Wolverhampton 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.