According to the public record, 49, Park Road, Smethwick is a period freehold house with 1,065 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Road, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
49, Park Road, Smethwick has 41 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated April 2022.
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 49 Park Road Smethwick as £273,231 and the rental value as £1,242 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 49 Park Road Smethwick has increased by £7,401 (2.7%) and its rental value has increased by £25 per month (2.0%).
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 49, Park Road, Smethwick is in very good condition we estimate a sale value of £286,892 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,104 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £273,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,343 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, 49, Park Road, Smethwick sits on a plot of 183m2.
We have plot size data on 22 out of 33 other houses in the postcode and 49, Park Road, Smethwick sits on the 4th largest plot.
According to HM Land Registry, 49, Park Road, Smethwick was last sold on 25 Nov 2022 for £305,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Park Road, Smethwick within a radius of 530 metres over the last 2 years.
The most recent example is 113, Galton Road, Smethwick, B67 5JT, a Freehold house which sold for £335,000 in Dec 2023.
Read more about house prices in B67.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Smethwick, B67 has a total of 254 addresses. According to our analysis of all the public data, 49, Park Road, Smethwick is the 68th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in B67.
49, Park Road, Smethwick has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Apr 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 49, Park Road, Smethwick is Smethwick Rolfe Street station which is 2.7 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 49, Park Road, Smethwick, 33.6% of property is privately owned with a mortgage and 32.8% 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 49, Park Road, Smethwick, 13.8% of residents are recorded as possessing school level qualifications and 47.0% 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 49, Park 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 49, Park Road, Smethwick, 0.7% 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 49, Park 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.