2 Karma Court, Oldbury
2 Karma Court, Oldbury
Description & Estimates
2 Karma Court, Oldbury is recorded publicly as a modern Leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Karma Court, Oldbury is £142,201 and its rental estimate is £784 per month, given the available information and assuming reasonable condition.
Karma Court, Pound Close is a residential building on Pound Close, Oldbury, B68 and falls within the B68 postal district and the borough of Sandwell.
Our Data Sources
2 Karma Court, Oldbury has 2 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated January 2020.
We combine this information with that 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.
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 2 Karma Court, Oldbury, we estimate a market value of £149,311 and a rental value of £824 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,247 and £730 per month respectively.
Recent Market Change
Over the last year, 2 Karma Court, Oldbury has seen its estimated sale value drop by £2,085 (1.5%) and its estimated rental value rise by £2 per month (0.3%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
2 Karma Court, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Karma Court, Oldbury completed on 27th March 2015 at £107,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 27.7% over the period since March 2015.
- Sold Mar 2015£107,000
- Sold Aug 2010£94,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Karma Court, Oldbury have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th April 2024, was 71, Old College Avenue, Oldbury, B68 8BF, a leasehold flat which sold for £140,000.
Read more about house prices in B68.
- Sold Apr 2024£140,000 | 2 Bed Flat71, Old College Avenue, Oldbury, B68 8BF71, Old College Avenue, Oldbury, B68 8BF
- Sold Aug 2023£128,000 | 2 Bed Flat67, Old College Avenue, Oldbury, B68 8BF67, Old College Avenue, Oldbury, B68 8BF
- Sold Feb 2022£130,000 | 2 Bed Flat69, Old College Avenue, Oldbury, B68 8BF69, Old College Avenue, Oldbury, B68 8BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Pound Close, Oldbury, B68, 2 Karma Court, Oldbury comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the B68 district.
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Schools Nearby
- 200mCauseway Green Primary School
- 1.0kmOur Lady and St Hubert's Catholic Primary School
- 1.1kmLangley Primary School
- 500mOldbury Academy
- 1.1kmQ3 Academy Langley
- 1.6kmBristnall Hall Academy
More reading links
Public Transport Nearby
From 2 Karma Court, Oldbury, the nearest station is Rowley Regis, 1.1 kilometres away.
- 1.1kmRowley Regis
- 1.6kmLangley Green
- 2.9kmOld Hill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
