224, Oak Road
224, Oak Road
Description & Estimates
According to the public record, 224, Oak Road, West Bromwich is a period freehold house with 1,388 ft2 of internal area and sits on a 239 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 224, Oak Road, West Bromwich is £296,706 and the estimated rental value is £1,392 per month.
Oak Road, West Bromwich, B70 is located in the borough of Sandwell within the B70 postal district.
Our Data Sources
224, Oak Road, West Bromwich has 21 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2016.
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
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 224, Oak Road, West Bromwich is in very good condition we estimate a sale value of £311,542 and a rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,937 and a rental value of £1,295 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 224, Oak Road, West Bromwich has moved up by £1,664 (0.6%), while its estimated rental value has increased by £27 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Plot Size
According to data from HM Land Registry, 224, Oak Road, West Bromwich sits on a plot of 239 m2.
We have plot size data on 14 out of 15 other houses in the postcode and 224, Oak Road, West Bromwich sits on the 10th largest plot.
Energy Efficiency
224, Oak Road, West Bromwich has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
According to HM Land Registry, 224, Oak Road, West Bromwich was last sold on 3rd February 2017 for £196,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has risen by 61.8%.
- Sold Feb 2017£196,000
- Sold May 2001£31,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Oak Road, West Bromwich within a radius of 520 metres over the last 2 years.
The most recent example is 196, Oak Road, West Bromwich, B70 8HJ, a freehold house which sold for £260,000 on the 12th July 2024.
Read more about house prices in B70.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oak Road, West Bromwich, B70 has a total of 159 addresses. According to our analysis of all the public data, 224, Oak Road, West Bromwich is the 11th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in B70.
More reading links
Schools Nearby
- 300mHanbury Primary School
- 400mLodge Primary School
- 700mLyng Primary School
- 700mWest Bromwich Collegiate Academy
- 900mShireland Biomedical Utc
- 1.2kmGeorge Salter Academy
More reading links
Public Transport Nearby
The closest station to 224, Oak Road, West Bromwich is Sandwell & Dudley station, which is 800 metres away.
- 800mSandwell & Dudley
- 2.4kmSmethwick Galton Bridge
- 2.4kmLangley Green
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
