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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Lee Gardens, Smethwick is £98,649 and the estimated rental value is £654 per month.
The apartment is within 16, Lee Gardens, Smethwick, B67.
Lee Gardens, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
16, Lee Gardens, Smethwick has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data of neighbouring properties to estimate the property 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 16, Lee Gardens, Smethwick is in very good condition we estimate a sale value of £103,581 and a rental value of £687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,744 and a rental value of £608 per month.
Over the last 12 months the sale value of 16 Lee Gardens Smethwick has increased by an estimated £987 (1.0%) and its rental value has increased by an estimated £15 per month (2.3%), giving an expected gross yield of 8%.
16, Lee Gardens, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lee Gardens, Smethwick within a radius of 530 metres over the last 2 years.
The most recent example is 43, Brisbane Road, Smethwick, B67 7AN, a leasehold flat which sold for £130,000 on the 22nd July 2022.
Read more about house prices in B67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Gardens, Smethwick, B67 has a total of 26 addresses. According to our analysis of all the public data, 16, Lee Gardens, Smethwick is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in B67.
The closest station to 16, Lee Gardens, Smethwick is Smethwick Rolfe Street station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Lee Gardens, Smethwick, 28.8% of property is privately owned outright and 27.2% is socially rented.
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 16, Lee Gardens, Smethwick, 24.8% of residents are recorded as possessing school level qualifications and 17.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Lee Gardens, Smethwick, the average age was 37.1 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 16, Lee Gardens, Smethwick, 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 16, Lee Gardens, Smethwick, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.