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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 243, Wolverhampton Road, Oldbury is £308,098 and the estimated rental value is £1,247 per month.
Wolverhampton Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
243, Wolverhampton Road, Oldbury has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated August 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 243, Wolverhampton Road, Oldbury is in very good condition we estimate a sale value of £323,503 and a rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,531 and a rental value of £1,160 per month.
Over the last 12 months the sale value of 243 Wolverhampton Road Oldbury has increased by an estimated £4,365 (1.4%) and its rental value has increased by an estimated £37 per month (2.9%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 243, Wolverhampton Road, Oldbury sits on a plot of 358m2.
We have plot size data on 35 out of 35 other houses in the postcode and 243, Wolverhampton Road, Oldbury sits on the 13th largest plot.
243, Wolverhampton Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 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, 243, Wolverhampton Road, Oldbury was last sold on 9th November 2022 for £267,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 243, Wolverhampton Road, Oldbury within a radius of 520 metres over the last 2 years.
The most recent example is 75, Bleakhouse Road, Oldbury, B68 0TQ, a freehold house which sold for £295,000 on the 6th December 2023.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolverhampton Road, Oldbury, B68 has a total of 333 addresses. According to our analysis of all the public data, 243, Wolverhampton Road, Oldbury is the 119th largest and the 103rd 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 243, Wolverhampton Road, Oldbury is Rowley Regis station which is 2.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 243, Wolverhampton Road, Oldbury, 47.5% of property is privately owned outright and 41.5% 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 243, Wolverhampton Road, Oldbury, 23.3% of residents are recorded as possessing school level qualifications and 27.6% 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 243, Wolverhampton Road, Oldbury, the average age was 41.7 and the most common age was 52.
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 243, Wolverhampton Road, 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 243, Wolverhampton Road, Oldbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.