According to the public record, 38, Herbert Road, Smethwick is a period freehold house with 1,485 ft2 of internal area and sits on a 170 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Herbert Road, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
38, Herbert Road, Smethwick has 21 entries in the Land Registry database, most recently in March 2012 and a single entry in the EPC database dated November 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 38 Herbert Road Smethwick as £353,340 and the rental value as £1,348 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 38 Herbert Road Smethwick has increased by £7,077 (2.0%) and its rental value has increased by £17 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 38, Herbert Road, Smethwick is in very good condition we estimate a sale value of £371,007 and rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,606 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £353,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,737 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, 38, Herbert Road, Smethwick sits on a plot of 170m2.
We have plot size data on 32 out of 41 other houses in the postcode and 38, Herbert Road, Smethwick sits on the 21st largest plot.
According to HM Land Registry, 38, Herbert Road, Smethwick was last sold on 23 Mar 2012 for £193,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2012, the market for similar properties has risen 72.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Herbert Road, Smethwick within a radius of 490 metres over the last 2 years.
The most recent example is 31, Herbert Road, Smethwick, B67 5DD, a Freehold house which sold for £308,500 in Jul 2023.
Read more about house prices in B67.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herbert Road, Smethwick, B67 has a total of 42 addresses. According to our analysis of all the public data, 38, Herbert Road, Smethwick is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in B67.
38, Herbert Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 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 38, Herbert Road, Smethwick is Smethwick Rolfe Street station which is 2.6 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 38, Herbert 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 38, Herbert 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 38, Herbert 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 38, Herbert 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 38, Herbert 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.