According to the public record, 50, Oakwood Road, Birmingham is a mid-century freehold house and with 893 ft2 of internal area and sits on a 243 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakwood Road, Hollywood, Birmingham, B47 is located in the borough of Bromsgrove within the B47 postal district.
50, Oakwood Road, Birmingham has 2 entries in the Land Registry database, most recently in July 2023 and no records in the EPC database.
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 50 Oakwood Road Birmingham as £345,481 and the rental value as £1,334 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 50 Oakwood Road Birmingham has increased by £15,057 (4.4%) and its rental value has increased by £40 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 50, Oakwood Road, Birmingham is in very good condition we estimate a sale value of £362,755 and rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,297 and a rental value of £1,241 per month.
If you were able to purchase this property for the estimated value of £345,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,698 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, 50, Oakwood Road, Birmingham sits on a plot of 243m2.
We have plot size data on 20 out of 30 other houses in the postcode and 50, Oakwood Road, Birmingham sits on the 11th largest plot.
According to HM Land Registry, 50, Oakwood Road, Birmingham was last sold on 14 Jul 2023 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Oakwood Road, Birmingham within a radius of 206m over the last 2 years.
The most recent example is 30, Falstaff Avenue, Birmingham, B47 5EP, a Freehold house which sold for £355,000 in Aug 2023.
Read more about house prices in B47.
Oakwood Road, Hollywood, Birmingham, B47 has a total of 63 addresses. According to our analysis of all the public data, 50, Oakwood Road, Birmingham is the 32nd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in B47.
50, Oakwood Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 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 50, Oakwood Road, Birmingham is Wythall station which is 1.6 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 50, Oakwood Road, Birmingham, 66.4% of property is privately owned outright and 28.2% 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 50, Oakwood Road, Birmingham, 16.3% of residents are recorded as possessing school level qualifications and 31.9% 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 50, Oakwood Road, Birmingham, the average age was 45.3 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 50, Oakwood Road, Birmingham, 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 50, Oakwood Road, Birmingham, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.