According to the public record, 85, Parkfield Road, Oldbury is a early-century freehold house and with 947 ft2 of internal area and sits on a 333 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parkfield Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
85, Parkfield Road, Oldbury has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated June 2022.
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 85 Parkfield Road Oldbury as £259,994 and the rental value as £1,243 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 85 Parkfield Road Oldbury has increased by £7,587 (2.9%) and its rental value has increased by £37 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 85, Parkfield Road, Oldbury is in very good condition we estimate a sale value of £272,994 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,795 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £259,994, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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, 85, Parkfield Road, Oldbury sits on a plot of 333m2.
We have plot size data on 26 out of 54 other houses in the postcode and 85, Parkfield Road, Oldbury sits on the 7th largest plot.
According to HM Land Registry, 85, Parkfield Road, Oldbury was last sold on 30 Jun 2023 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Parkfield Road, Oldbury within a radius of 48m over the last 2 years.
The most recent example is 91, Parkfield Road, Oldbury, B68 8PT, a Freehold house which sold for £242,500 in Jul 2023.
Read more about house prices in B68.
Parkfield Road, Oldbury, B68 has a total of 106 addresses. According to our analysis of all the public data, 85, Parkfield Road, Oldbury is the 23rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in B68.
85, Parkfield Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2022.
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 85, Parkfield Road, Oldbury is Langley Green station which is 1.0 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 85, Parkfield Road, Oldbury, 45.9% of property is privately owned outright and 31.1% 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 85, Parkfield Road, Oldbury, 21.9% of residents are recorded as possessing school level qualifications and 23.0% 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 85, Parkfield Road, Oldbury, the average age was 39.3 and the most common age was 52.
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 85, Parkfield Road, Oldbury, 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 85, Parkfield Road, Oldbury, 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.