According to the public record, 32, Cumberland Road, Oldbury is a mid-century freehold house with 923 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cumberland Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
32, Cumberland Road, Oldbury has a single entry in the Land Registry database from July 2010 and a single entry in the EPC database dated April 2009.
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 32 Cumberland Road Oldbury as £187,464 and the rental value as £1,042 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 32 Cumberland Road Oldbury has increased by £6,707 (3.6%) and its rental value has increased by £31 per month (3.0%).
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 32, Cumberland Road, Oldbury is in very good condition we estimate a sale value of £196,838 and rental value of £1,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,342 and a rental value of £969 per month.
If you were able to purchase this property for the estimated value of £187,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £921 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, 32, Cumberland Road, Oldbury sits on a plot of 165m2.
We have plot size data on 19 out of 34 other houses in the postcode and 32, Cumberland Road, Oldbury sits on the 16th largest plot.
According to HM Land Registry, 32, Cumberland Road, Oldbury was last sold on 16 Jul 2010 for £92,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2010, the market for similar properties has risen 79.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Cumberland Road, Oldbury within a radius of 470 metres over the last 2 years.
The most recent example is 19, Tame Rise, Oldbury, B68 0JU, a Freehold house which sold for £185,000 in Jan 2024.
Read more about house prices in B68.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumberland Road, Oldbury, B68 has a total of 34 addresses. According to our analysis of all the public data, 32, Cumberland Road, Oldbury is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in B68.
32, Cumberland Road, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 32, Cumberland Road, Oldbury is Rowley Regis station which is 2.2 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 32, Cumberland Road, Oldbury, 40.2% of property is privately owned with a mortgage and 29.2% 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 32, Cumberland Road, Oldbury, 18.8% of residents are recorded as possessing school level qualifications and 24.0% 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 32, Cumberland Road, Oldbury, the average age was 39.8 and the most common age was 37.
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 32, Cumberland Road, Oldbury, 0.6% 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 32, Cumberland Road, 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.