According to the public record, 8, Oaktree Road, Wednesbury is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 825 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oaktree Road, Wednesbury, WS10 is located in the borough of Sandwell within the WS10 postal district.
8, Oaktree Road, Wednesbury has a single entry in the Land Registry database from March 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Oaktree Road Wednesbury as £196,398 and the rental value as £1,044 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 8 Oaktree Road Wednesbury has increased by £3,777 (1.9%) and its rental value has increased by £45 per month (4.3%).
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 8, Oaktree Road, Wednesbury is in very good condition we estimate a sale value of £206,217 and rental value of £1,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,650 and a rental value of £971 per month.
If you were able to purchase this property for the estimated value of £196,398, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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, 8, Oaktree Road, Wednesbury was last sold on 31 Mar 2011 for £97,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2011, the market for similar properties has risen 94.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oaktree Road, Wednesbury within a radius of 127m over the last 2 years.
The most recent example is 2, Collins Road, Wednesbury, WS10 0RX, a Freehold house which sold for £190,000 in Jul 2023.
Read more about house prices in WS10.
Oaktree Road, Wednesbury, WS10 has a total of 29 addresses. According to our analysis of all the public data, 8, Oaktree Road, Wednesbury is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in WS10.
The closest station to 8, Oaktree Road, Wednesbury is Bescot Stadium station which is 1.1 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 8, Oaktree Road, Wednesbury, 43.6% of property is privately owned with a mortgage and 40.6% 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 8, Oaktree Road, Wednesbury, 14.8% of residents are recorded as possessing school level qualifications and 21.2% 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 8, Oaktree Road, Wednesbury, the average age was 39.2 and the most common age was 12.
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 8, Oaktree Road, Wednesbury, 0.3% 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 8, Oaktree Road, Wednesbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.