According to the public record, 58, Kinsey Road, Smethwick is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kinsey Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
58, Kinsey Road, Smethwick has a single entry in the Land Registry database from June 2011 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 58 Kinsey Road Smethwick as £117,404 and the rental value as £768 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 58 Kinsey Road Smethwick has increased by £3,205 (2.7%) and its rental value has increased by £11 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 58, Kinsey Road, Smethwick is in very good condition we estimate a sale value of £123,274 and rental value of £807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,186 and a rental value of £714 per month.
If you were able to purchase this property for the estimated value of £117,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £577 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 HM Land Registry, 58, Kinsey Road, Smethwick was last sold on 23 Jun 2011 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2011, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Kinsey Road, Smethwick within a radius of 400 metres over the last 2 years.
The most recent example is 212, Cape Hill, Smethwick, B66 4SJ, a Leasehold flat which sold for £104,000 in Aug 2022.
Read more about house prices in B66.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kinsey Road, Smethwick, B66 has a total of 98 addresses. According to our analysis of all the public data, 58, Kinsey Road, Smethwick is the 77th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in B66.
58, Kinsey Road, Smethwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 58, Kinsey Road, Smethwick is Smethwick Rolfe Street station which is 1.6 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 58, Kinsey Road, Smethwick, 44.6% of property is privately rented and 20.6% 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 58, Kinsey Road, Smethwick, 33.0% of residents are recorded as possessing school level qualifications and 22.1% 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 58, Kinsey Road, Smethwick, the average age was 40.2 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 58, Kinsey Road, Smethwick, 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 58, Kinsey Road, Smethwick, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.