23, Reservoir Road
23, Reservoir Road
Description & Estimates
Public records show 23, Reservoir Road, Oldbury to be an early-century freehold house with 861 ft2 of internal area, sitting on a 311 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
23, Reservoir Road, Oldbury has an estimated sale value of £260,986 and an estimated rental value of £1,218 per month, assuming reasonable condition and based on the information available.
Reservoir Road, Oldbury, B68 lies in the borough of Sandwell, within the B68 postal district.
Our Data Sources
23, Reservoir Road, Oldbury has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 23, Reservoir Road, Oldbury would be worth £274,035, with a potential rental value of £1,279 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £242,717, with a rental value of £1,133 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23, Reservoir Road, Oldbury has increased by £4,181 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.0%). The property's estimated gross yield is currently 5.6%.
Plot Size
23, Reservoir Road, Oldbury occupies a 311 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
23, Reservoir Road, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Reservoir Road, Oldbury last changed hands on 5th October 2007, selling for £116,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 82.5% since October 2007.
- Sold Oct 2007£116,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 23, Reservoir Road, Oldbury across the last 2 years.
Most recently, 12, Pryor Road, Oldbury, B68 9QH, a freehold house, sold at £252,000 on the 11th November 2024.
Read more about house prices in B68.
- Sold Nov 2024£252,000 | 3 Bed House12, Pryor Road, Oldbury, B68 9QH12, Pryor Road, Oldbury, B68 9QH
- Sold Sep 2024£245,000 | 3 Bed House8, Pryor Road, Oldbury, B68 9QH8, Pryor Road, Oldbury, B68 9QH
- Sold Aug 2024£271,000 | 3 Bed House249, Bristnall Hall Road, Oldbury, B68 9NF249, Bristnall Hall Road, Oldbury, B68 9NF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 23, Reservoir Road, Oldbury as the 12th largest and the 11th most expensive of the 38 addresses on Reservoir Road, Oldbury, B68.
Against the B68 postcode district average, it is £29k more expensive than the typical property.
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Schools Nearby
- 500mMoat Farm Junior School
- 500mMoat Farm Infant School
- 600mOur Lady and St Hubert's Catholic Primary School
- 300mBristnall Hall Academy
- 400mQ3 Academy Langley
- 1.3kmOldbury Academy
More reading links
Public Transport Nearby
Langley Green station is the nearest stop to 23, Reservoir Road, Oldbury at 1.0 kilometres away.
- 1.0kmLangley Green
- 1.9kmSmethwick Galton Bridge
- 2.0kmSmethwick Rolfe Street
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
