According to the public record, 56, Kingsway, Oldbury is a early-century house with 820 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Kingsway, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
56, Kingsway, Oldbury has no records in the Land Registry database and a single entry in the EPC database dated January 2009.
We combine this information with public data 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 56 Kingsway Oldbury as £164,477 and the rental value as £862 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 56 Kingsway Oldbury has increased by £6,354 (3.9%) and its rental value has increased by £25 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 56, Kingsway, Oldbury is in very good condition we estimate a sale value of £172,701 and rental value of £905 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,964 and a rental value of £802 per month.
If you were able to purchase this property for the estimated value of £164,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £808 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, 56, Kingsway, Oldbury sits on a plot of 248m2.
We have plot size data on 17 out of 32 other houses in the postcode and 56, Kingsway, Oldbury sits on the 14th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Kingsway, Oldbury within a radius of 550 metres over the last 2 years.
The most recent example is 79, Kingsway, Oldbury, B68 0QE, a Leasehold house which sold for £190,000 in Feb 2024.
Read more about house prices in B68.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsway, Oldbury, B68 has a total of 136 addresses. According to our analysis of all the public data, 56, Kingsway, Oldbury is the 102nd largest and the 120th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in B68.
56, Kingsway, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 56, Kingsway, Oldbury is Rowley Regis station which is 2.1 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 56, Kingsway, Oldbury, 52.7% of property is privately owned outright and 32.7% 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 56, Kingsway, Oldbury, 10.0% of residents are recorded as possessing school level qualifications and 28.2% 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 56, Kingsway, Oldbury, the average age was 39.8 and the most common age was 37.
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 56, Kingsway, Oldbury, 1.6% 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 56, Kingsway, 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.