Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 3, King Edward Close, Oldbury is a modern freehold house with 1,237 ft2 of internal area.
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 3, King Edward Close, Oldbury is £295,120 and the estimated rental value is £1,350 per month.
King Edward Close, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
3, King Edward Close, Oldbury has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated February 2021.
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 3, King Edward Close, Oldbury is in very good condition we estimate a sale value of £309,876 and a rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,461 and a rental value of £1,256 per month.
Over the last 12 months the sale value of 3 King Edward Close Oldbury has decreased by an estimated £2,107 (0.7%) and its rental value has increased by an estimated £14 per month (1.0%), giving an expected gross yield of 5.5%.
3, King Edward Close, Oldbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, King Edward Close, Oldbury was last sold on 17th February 2022 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, King Edward Close, Oldbury within a radius of 570 metres over the last 2 years.
The most recent example is 19, Pound Close, Oldbury, B68 8LZ, a freehold house which sold for £244,000 on the 9th December 2022.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Edward Close, Oldbury, B68 has a total of 7 addresses. According to our analysis of all the public data, 3, King Edward Close, Oldbury is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B68.
The closest station to 3, King Edward Close, Oldbury is Rowley Regis station which is 1.0 kilometres 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 3, King Edward Close, Oldbury, 59.2% of property is privately rented and 18.4% 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 3, King Edward Close, Oldbury, 20.8% of residents are recorded as possessing school level qualifications and 24.1% 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 3, King Edward Close, Oldbury, the average age was 38.5 and the most common age was 2.
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 3, King Edward Close, Oldbury, 0.3% 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 3, King Edward Close, Oldbury, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
