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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Pens Close, Smethwick is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Pens Close, Smethwick is £62,607 and the estimated rental value is £438 per month.
Pens Close, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
1, Pens Close, Smethwick has a single entry in the Land Registry from August 2007 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.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1, Pens Close, Smethwick is in very good condition we estimate a sale value of £65,738 and a rental value of £460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,225 and a rental value of £408 per month.
Over the last 12 months the sale value of 1 Pens Close Smethwick has increased by an estimated £325 (0.5%) and its rental value has increased by an estimated £8 per month (1.9%), giving an expected gross yield of 8.4%.
According to HM Land Registry, 1, Pens Close, Smethwick was last sold on 24th August 2007 for £93,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of 1, Pens Close, Smethwick over the last 2 years.
The most recent example is 2, Pens Close, Smethwick, B66 4LH, a leasehold house which sold for £112,500 on the 29th July 2021.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pens Close, Smethwick, B66 has a total of 4 addresses. According to our analysis of all the public data, 1, Pens Close, Smethwick is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in B66.
The closest station to 1, Pens Close, Smethwick is Smethwick Rolfe Street station which is 1.0 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 1, Pens Close, Smethwick, % of property is and % is .
The graph below shows how this compares to West Midlands 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 1, Pens Close, Smethwick, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Pens Close, 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 1, Pens Close, Smethwick, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
