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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, Princes Way, Oldbury is a modern freehold house with 1,410 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Princes Way, Oldbury is £308,143 and the estimated rental value is £1,460 per month.
Princes Way, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
2, Princes Way, Oldbury has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Princes Way, Oldbury is in very good condition we estimate a sale value of £323,550 and a rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,573 and a rental value of £1,357 per month.
Over the last 12 months the sale value of 2 Princes Way Oldbury has decreased by an estimated £2,200 (0.7%) and its rental value has increased by an estimated £15 per month (1.0%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Princes Way, Oldbury sits on a plot of 325m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Princes Way, Oldbury sits on the largest plot.
2, Princes Way, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2015.
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, Princes Way, Oldbury was last sold on 8th June 2007 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 100.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Princes Way, Oldbury within a radius of 500 metres over the last 2 years.
The most recent example is 113, Barston Road, Oldbury, B68 0PU, a freehold house which sold for £280,000 on the 31st March 2023.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Way, Oldbury, B68 has a total of 11 addresses. According to our analysis of all the public data, 2, Princes Way, Oldbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in B68.
The closest station to 2, Princes Way, Oldbury is Rowley Regis station which is 2.0 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, Princes Way, Oldbury, 35.2% of property is socially rented and 25.6% is privately owned with a mortgage.
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, Princes Way, Oldbury, 24.4% of residents are recorded as possessing school level qualifications and 31.1% 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, Princes Way, Oldbury, the average age was 39.8 and the most common age was 37.
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, Princes Way, 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, Princes Way, Oldbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
