According to the public record, 416, Wolverhampton Road, Oldbury is a mid-century freehold house and with 1,765 ft2 of internal area and sits on a 482 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Wolverhampton Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
416, Wolverhampton Road, Oldbury has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2020.
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 416 Wolverhampton Road Oldbury as £452,466 and the rental value as £1,555 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 416 Wolverhampton Road Oldbury has increased by £138 (0.0%) and its rental value has increased by £11 per month (0.7%).
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 416, Wolverhampton Road, Oldbury is in very good condition we estimate a sale value of £475,089 and rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,794 and a rental value of £1,446 per month.
If you were able to purchase this property for the estimated value of £452,466, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,224 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, 416, Wolverhampton Road, Oldbury sits on a plot of 482m2.
We have plot size data on 7 out of 15 other houses in the postcode and 416, Wolverhampton Road, Oldbury sits on the 2nd largest plot.
According to HM Land Registry, 416, Wolverhampton Road, Oldbury was last sold on 15 Jan 2021 for £390,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 416, Wolverhampton Road, Oldbury within a radius of 219m over the last 2 years.
The most recent example is 414, Wolverhampton Road, Oldbury, B68 0TE, a Freehold house which sold for £458,000 in Jun 2021.
Read more about house prices in B68.
Wolverhampton Road, Oldbury, B68 has a total of 331 addresses. According to our analysis of all the public data, 416, Wolverhampton Road, Oldbury is the 25th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in B68.
416, Wolverhampton Road, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2020.
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 416, Wolverhampton Road, Oldbury is Rowley Regis station which is 1.9 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 416, Wolverhampton Road, Oldbury, 43.5% of property is privately owned outright and 35.1% 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 416, Wolverhampton Road, Oldbury, 22.1% of residents are recorded as possessing school level qualifications and 27.8% 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 416, Wolverhampton Road, Oldbury, the average age was 39.8 and the most common age was 57.
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 416, Wolverhampton 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 416, Wolverhampton Road, Oldbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.