According to the public record, 8, Shrublands Avenue, Oldbury is a early-century freehold house with 699 ft2 of internal area and sits on a 264 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Shrublands Avenue, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
8, Shrublands Avenue, Oldbury has 21 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated August 2019.
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 8 Shrublands Avenue Oldbury as £211,201 and the rental value as £1,113 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 Shrublands Avenue Oldbury has increased by £10,013 (4.7%) and its rental value has increased by £43 per month (3.8%).
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, Shrublands Avenue, Oldbury is in very good condition we estimate a sale value of £221,761 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,417 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £211,201, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,038 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, 8, Shrublands Avenue, Oldbury sits on a plot of 264m2.
We have plot size data on 19 out of 28 other houses in the postcode and 8, Shrublands Avenue, Oldbury sits on the 8th largest plot.
According to HM Land Registry, 8, Shrublands Avenue, Oldbury was last sold on 11 Aug 2020 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Shrublands Avenue, Oldbury within a radius of 500 metres over the last 2 years.
The most recent example is 9, Shrublands Avenue, Oldbury, B68 0PP, a Freehold house which sold for £220,000 in Aug 2023.
Read more about house prices in B68.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrublands Avenue, Oldbury, B68 has a total of 28 addresses. According to our analysis of all the public data, 8, Shrublands Avenue, Oldbury is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in B68.
8, Shrublands Avenue, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2019.
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 8, Shrublands Avenue, Oldbury is Rowley Regis station which is 2.2 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 8, Shrublands Avenue, 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 8, Shrublands Avenue, 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 8, Shrublands Avenue, 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 8, Shrublands Avenue, 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 8, Shrublands Avenue, 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.