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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, Shafait Close, Oldbury is a modern house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Shafait Close, Oldbury is £220,410 and the estimated rental value is £1,191 per month.
Shafait Close, Oldbury, B69 is located in the borough of Sandwell within the B69 postal district.
2, Shafait Close, Oldbury has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data 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.
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, Shafait Close, Oldbury is in very good condition we estimate a sale value of £231,430 and a rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,981 and a rental value of £1,107 per month.
Over the last 12 months the sale value of 2 Shafait Close Oldbury has increased by an estimated £2,888 (1.3%) and its rental value has increased by an estimated £45 per month (3.7%), giving an expected gross yield of 6.5%.
2, Shafait Close, Oldbury has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 08 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Shafait Close, Oldbury within a radius of 850 metres over the last 2 years.
The most recent example is 63, Mckean Road, Oldbury, B69 4AU, a freehold house which sold for £100,000 on the 8th March 2024.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shafait Close, Oldbury, B69 has a total of 10 addresses. According to our analysis of all the public data, 2, Shafait Close, Oldbury is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in B69.
The closest station to 2, Shafait Close, Oldbury is Sandwell & Dudley station which is 200 metres away.
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, Shafait Close, Oldbury, 52.9% of property is privately rented and 26.0% 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, Shafait Close, Oldbury, 23.1% of residents are recorded as possessing school level qualifications and 26.2% 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, Shafait Close, 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, Shafait Close, 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, Shafait Close, 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.
