According to the public record, Flat 2, Beechdale, Oldbury is a mid-century leasehold apartment with 629 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Beechdale, Perry Hill Road, Oldbury, B68.
Perry Hill Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
Flat 2, Beechdale, Oldbury has 41 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated October 2008.
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 Flat 2 Beechdale Oldbury as £109,193 and the rental value as £699 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of Flat 2 Beechdale Oldbury has increased by £3,276 (3.0%) and its rental value has increased by £17 per month (2.4%).
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 Flat 2, Beechdale, Oldbury is in very good condition we estimate a sale value of £114,653 and rental value of £734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,549 and a rental value of £651 per month.
If you were able to purchase this property for the estimated value of £109,193, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £537 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, Flat 2, Beechdale, Oldbury was last sold on 01 Jun 2018 for £95,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2018, the market for similar properties has risen 29.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Beechdale, Oldbury within a radius of 510 metres over the last 2 years.
The most recent example is Flat 15, Beechdale, Perry Hill Road, Oldbury, B68 0AJ, a Leasehold flat which sold for £94,000 in Feb 2020.
Read more about house prices in B68.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Perry Hill Road, Oldbury, B68 has a total of 146 addresses. According to our analysis of all the public data, Flat 2, Beechdale, Oldbury is the 135th largest and the 128th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in B68.
Flat 2, Beechdale, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2, Beechdale, Oldbury is Rowley Regis station which is 2.4 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 Flat 2, Beechdale, Oldbury, 51.6% of property is privately owned outright and 23.0% is privately rented.
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 Flat 2, Beechdale, Oldbury, 17.3% of residents are recorded as possessing school level qualifications and 29.3% 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 Flat 2, Beechdale, 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 Flat 2, Beechdale, 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 Flat 2, Beechdale, Oldbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.