According to the public record, 21, William Savage Way, Smethwick is a modern Leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
William Savage Way, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
21, William Savage Way, Smethwick has a single entry in the Land Registry database from April 2010 and a single entry in the EPC database dated July 2021.
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 21 William Savage Way Smethwick as £128,540 and the rental value as £813 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 21 William Savage Way Smethwick has increased by £3,509 (2.7%) and its rental value has increased by £12 per month (1.5%).
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 21, William Savage Way, Smethwick is in very good condition we estimate a sale value of £134,967 and rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,542 and a rental value of £756 per month.
If you were able to purchase this property for the estimated value of £128,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £632 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 HM Land Registry, 21, William Savage Way, Smethwick was last sold on 30 Apr 2010 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 43.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, William Savage Way, Smethwick within a radius of 410 metres over the last 2 years.
The most recent example is 69, Maynard Road, Birmingham, B16 0PW, a Leasehold flat which sold for £120,000 in Jan 2024.
Read more about house prices in B66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Savage Way, Smethwick, B66 has a total of 23 addresses. According to our analysis of all the public data, 21, William Savage Way, Smethwick is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in B66.
21, William Savage Way, Smethwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2021.
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 21, William Savage Way, Smethwick is Smethwick Rolfe Street station which is 1.6 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 21, William Savage Way, Smethwick, 52.1% of property is privately rented and 21.0% 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 21, William Savage Way, Smethwick, 35.6% of residents are recorded as possessing school level qualifications and 29.1% 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 21, William Savage Way, 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 21, William Savage Way, 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 21, William Savage Way, Smethwick, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.