According to the public record, 25, Goode Close, Oldbury is a modern leasehold apartment and with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Goode Close, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
25, Goode Close, Oldbury has 21 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated November 2016.
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 25 Goode Close Oldbury as £77,041 and the rental value as £510 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 25 Goode Close Oldbury has increased by £1,304 (1.7%) and its rental value has increased by £12 per month (2.4%).
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 25, Goode Close, Oldbury is in very good condition we estimate a sale value of £80,893 and rental value of £535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,648 and a rental value of £474 per month.
If you were able to purchase this property for the estimated value of £77,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £379 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, 25, Goode Close, Oldbury was last sold on 06 Mar 2017 for £66,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has risen 41.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Goode Close, Oldbury within a radius of 122m over the last 2 years.
The most recent example is 40, Starkie Drive, Oldbury, B68 9NX, a Leasehold flat which sold for £82,500 in Jan 2022.
Read more about house prices in B68.
Goode Close, Oldbury, B68 has a total of 53 addresses. According to our analysis of all the public data, 25, Goode Close, Oldbury is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in B68.
25, Goode Close, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 25, Goode Close, Oldbury is Langley Green station which is 800 m 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 25, Goode Close, Oldbury, 55.4% of property is privately owned outright and 25.0% 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 25, Goode Close, Oldbury, 15.2% of residents are recorded as possessing school level qualifications and 24.2% 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 25, Goode Close, Oldbury, the average age was 39.8 and the most common age was 57.
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 25, Goode Close, 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 25, Goode Close, Oldbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.