According to the public record, 294, Tat Bank Road, Oldbury is a period freehold house and with 936 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tat Bank Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
294, Tat Bank Road, Oldbury has a single entry in the Land Registry database from December 2017 and 2 entries in the EPC database, most recently in July 2017.
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 294 Tat Bank Road Oldbury as £171,073 and the rental value as £947 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 294 Tat Bank Road Oldbury has increased by £7,354 (4.3%) and its rental value has increased by £48 per month (5.1%).
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 294, Tat Bank Road, Oldbury is in very good condition we estimate a sale value of £179,627 and rental value of £994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,098 and a rental value of £880 per month.
If you were able to purchase this property for the estimated value of £171,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £841 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, 294, Tat Bank Road, Oldbury sits on a plot of 168m2.
We have plot size data on 31 out of 37 other houses in the postcode and 294, Tat Bank Road, Oldbury sits on the 5th largest plot.
According to HM Land Registry, 294, Tat Bank Road, Oldbury was last sold on 06 Dec 2017 for £109,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 294, Tat Bank Road, Oldbury within a radius of 117m over the last 2 years.
The most recent example is 288, Tat Bank Road, Oldbury, B68 8NR, a Freehold house which sold for £170,000 in Sep 2023.
Read more about house prices in B68.
Tat Bank Road, Oldbury, B68 has a total of 63 addresses. According to our analysis of all the public data, 294, Tat Bank Road, Oldbury is the 9th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in B68.
294, Tat Bank Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2017.
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 294, Tat Bank Road, Oldbury is Langley Green station which is 300 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 294, Tat Bank Road, Oldbury, 36.7% of property is privately rented and 22.2% 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 294, Tat Bank Road, Oldbury, 26.2% of residents are recorded as possessing school level qualifications and 18.6% 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 294, Tat Bank Road, Oldbury, the average age was 35.1 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 294, Tat Bank 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 294, Tat Bank Road, Oldbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.