According to the public record, 3, Sherwood Road, Smethwick is a period leasehold house with 1,130 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sherwood Road, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
3, Sherwood Road, Smethwick has 31 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated April 2019.
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 3 Sherwood Road Smethwick as £246,411 and the rental value as £1,153 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 3 Sherwood Road Smethwick has increased by £4,935 (2.0%) and its rental value has increased by £14 per month (1.2%).
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 3, Sherwood Road, Smethwick is in very good condition we estimate a sale value of £258,731 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,162 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £246,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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, 3, Sherwood Road, Smethwick sits on a plot of 140m2.
We have plot size data on 19 out of 25 other houses in the postcode and 3, Sherwood Road, Smethwick sits on the 15th largest plot.
According to HM Land Registry, 3, Sherwood Road, Smethwick was last sold on 13 Sep 2019 for £162,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Sep 2019, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Sherwood Road, Smethwick within a radius of 460 metres over the last 2 years.
The most recent example is 22, Sherwood Road, Smethwick, B67 5DE, a Freehold house which sold for £255,000 in May 2024.
Read more about house prices in B67.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherwood Road, Smethwick, B67 has a total of 30 addresses. According to our analysis of all the public data, 3, Sherwood Road, Smethwick is the 5th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in B67.
3, Sherwood Road, Smethwick has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, Sherwood Road, Smethwick is Smethwick Rolfe Street station which is 2.5 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 3, Sherwood Road, Smethwick, 56.6% of property is privately rented and 26.2% 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 3, Sherwood Road, Smethwick, 17.5% of residents are recorded as possessing school level qualifications and 47.2% 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 3, Sherwood Road, Smethwick, the average age was 37.1 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 3, Sherwood Road, Smethwick, 0.9% 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 3, Sherwood Road, Smethwick, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.