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According to the public record, 2, Laundry Road, Smethwick is a period freehold house with 678 ft2 of internal area and sits on a 104 m2 plot.
Houses 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 2, Laundry Road, Smethwick is £136,005 and the estimated rental value is £801 per month.
Laundry Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
2, Laundry Road, Smethwick has 3 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property 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, Laundry Road, Smethwick is in very good condition we estimate a sale value of £142,806 and a rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,485 and a rental value of £745 per month.
Over the last 12 months the sale value of 2 Laundry Road Smethwick has increased by an estimated £2,355 (1.7%) and its rental value has increased by an estimated £29 per month (3.7%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 2, Laundry Road, Smethwick sits on a plot of 104m2.
We have plot size data on 30 out of 30 other houses in the postcode and 2, Laundry Road, Smethwick sits on the 11th largest plot.
2, Laundry Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Laundry Road, Smethwick was last sold on 15th January 2019 for £80,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2019, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Laundry Road, Smethwick within a radius of 430 metres over the last 2 years.
The most recent example is 12, Laundry Road, Smethwick, B66 4PR, a freehold house which sold for £131,500 on the 13th July 2022.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laundry Road, Smethwick, B66 has a total of 42 addresses. According to our analysis of all the public data, 2, Laundry Road, Smethwick is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in B66.
The closest station to 2, Laundry Road, Smethwick is Smethwick Rolfe Street station which is 1.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Laundry Road, 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 2, Laundry Road, 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 2, Laundry Road, 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 2, Laundry Road, 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.