According to the public record, 40, Old College Avenue, Oldbury is a modern freehold house and with 1,119 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old College Avenue, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
40, Old College Avenue, Oldbury has 2 entries in the Land Registry database, most recently in January 2024 and 2 entries in the EPC database, most recently in June 2023.
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 40 Old College Avenue Oldbury as £283,265 and the rental value as £1,309 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 40 Old College Avenue Oldbury has increased by £3,145 (1.1%) and its rental value has increased by £20 per month (1.5%).
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 40, Old College Avenue, Oldbury is in very good condition we estimate a sale value of £297,428 and rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,436 and a rental value of £1,217 per month.
If you were able to purchase this property for the estimated value of £283,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,392 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, 40, Old College Avenue, Oldbury sits on a plot of 217m2.
We have plot size data on 24 out of 24 other houses in the postcode and 40, Old College Avenue, Oldbury sits on the 2nd largest plot.
According to HM Land Registry, 40, Old College Avenue, Oldbury was last sold on 23 Jan 2024 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Old College Avenue, Oldbury within a radius of 116m over the last 2 years.
The most recent example is 42, Old College Avenue, Oldbury, B68 8BG, a Freehold house which sold for £202,500 in Aug 2019.
Read more about house prices in B68.
Old College Avenue, Oldbury, B68 has a total of 94 addresses. According to our analysis of all the public data, 40, Old College Avenue, Oldbury is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B68.
40, Old College Avenue, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2023.
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 40, Old College Avenue, Oldbury is Rowley Regis station which is 1.2 km 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 40, Old College Avenue, Oldbury, 42.9% of property is privately owned with a mortgage and 24.1% is socially rented.
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 40, Old College Avenue, Oldbury, 20.7% of residents are recorded as possessing school level qualifications and 33.0% 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 40, Old College Avenue, Oldbury, the average age was 39.3 and the most common age was 52.
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 40, Old College Avenue, 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 40, Old College Avenue, Oldbury, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.