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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, 2, Bright Road, Oldbury is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 772 ft2 of internal area and sits on a 249 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bright Road, Oldbury is £206,846 and the estimated rental value is £1,156 per month.
Bright Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
2, Bright Road, Oldbury has 31 entries in the Land Registry , most recently in June 2012 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 3 out of 5 and is considered of medium 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 2, Bright Road, Oldbury is in very good condition we estimate a sale value of £217,188 and a rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,367 and a rental value of £1,075 per month.
Over the last 12 months the sale value of 2 Bright Road Oldbury has increased by an estimated £2,930 (1.4%) and its rental value has increased by an estimated £34 per month (2.9%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 2, Bright Road, Oldbury sits on a plot of 249m2.
We have plot size data on 15 out of 24 other houses in the postcode and 2, Bright Road, Oldbury sits on the 3rd largest plot.
According to HM Land Registry, 2, Bright Road, Oldbury was last sold on 8th June 2012 for £75,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2012, the market for similar properties has risen 134.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bright Road, Oldbury within a radius of 530 metres over the last 2 years.
The most recent example is 17, Giles Road, Oldbury, B68 8JJ, a freehold house which sold for £190,000 on the 3rd February 2023.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bright Road, Oldbury, B68 has a total of 24 addresses. According to our analysis of all the public data, 2, Bright Road, Oldbury is the 12th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in B68.
The closest station to 2, Bright Road, Oldbury is Langley Green station which is 200 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bright Road, Oldbury, 30.4% of property is privately owned with a mortgage and 27.5% is privately owned outright.
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 2, Bright Road, Oldbury, 24.8% of residents are recorded as possessing school level qualifications and 22.3% 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 2, Bright Road, Oldbury, the average age was 35.1 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 2, Bright 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 2, Bright Road, 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.
