161, Oak Road
161, Oak Road
Description & Estimates
161, Oak Road, West Bromwich is recorded publicly as a period freehold house across 936 ft2 of internal area, sitting on a 511 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 161, Oak Road, West Bromwich is £285,791 and its rental estimate is £1,375 per month, given the available information and assuming reasonable condition.
Oak Road, West Bromwich, B70 falls within the B70 postal district, in the borough of Sandwell.
Our Data Sources
161, Oak Road, West Bromwich has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated June 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 161, Oak Road, West Bromwich, we estimate a market value of £300,080 and a rental value of £1,444 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £265,785 and £1,279 per month respectively.
Recent Market Change
Over the last year, 161, Oak Road, West Bromwich has seen its estimated sale value climb by £8,667 (3.0%) and its estimated rental value rise by £60 per month (4.4%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 161, Oak Road, West Bromwich as measuring 511 m2.
That makes it the 5th largest plot in the postcode, where 18 of the 20 other houses have recorded plot data.
Energy Efficiency
161, Oak Road, West Bromwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 161, Oak Road, West Bromwich completed on 4th May 2012 at £167,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 111.8% over the period since May 2012.
- Sold May 2012£167,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 161, Oak Road, West Bromwich have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2022, was 165, Oak Road, West Bromwich, B70 8HW, a freehold house which sold for £275,000.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 159 addresses on Oak Road, West Bromwich, B70, 161, Oak Road, West Bromwich comes out as the 89th largest and the 25th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the B70 district.
More reading links
Schools Nearby
- 200mHanbury Primary School
- 400mLodge Primary School
- 800mLyng Primary School
- 800mWest Bromwich Collegiate Academy
- 800mShireland Biomedical Utc
- 1.1kmGeorge Salter Academy
More reading links
Public Transport Nearby
From 161, Oak Road, West Bromwich, the nearest station is Sandwell & Dudley, 800 metres away.
- 800mSandwell & Dudley
- 2.5kmSmethwick Galton Bridge
- 2.5kmLangley Green
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
