3, Oak Lane
3, Oak Lane
Description & Estimates
According to the public record, 3, Oak Lane, West Bromwich is a period apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Oak Lane, West Bromwich is £74,055 and the estimated rental value is £494 per month.
Oak Lane, West Bromwich, B70 is located in the borough of Sandwell within the B70 postal district.
Our Data Sources
3, Oak Lane, West Bromwich has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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.
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 3, Oak Lane, West Bromwich is in very good condition we estimate a sale value of £77,758 and a rental value of £518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,871 and a rental value of £459 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Oak Lane, West Bromwich has moved up by £668 (0.9%), while its estimated rental value has increased by £8 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 8.0%.
Energy Efficiency
3, Oak Lane, West Bromwich has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Oak Lane, West Bromwich within a radius of 460 metres over the last 2 years.
The most recent example is 34 Goldfield Court, Dartmouth Street, West Bromwich, B70 8GH, a leasehold flat which sold for £93,750 on the 20th September 2024.
Read more about house prices in B70.
- Sold Sep 2024£93,750 | 2 Bed FlatDartmouth Street34 Goldfield Court, Dartmouth Street, West Bromwich, B70 8GH
- Sold Dec 2020£34,750 | 2 Bed FlatDartmouth Street36 Goldfield Court, Dartmouth Street, West Bromwich, B70 8GH
- Sold Nov 2020£35,000 | 2 Bed FlatDartmouth Street44 Goldfield Court, Dartmouth Street, West Bromwich, B70 8GH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Oak Lane, West Bromwich, B70 has a total of 38 addresses. According to our analysis of all the public data, 3, Oak Lane, West Bromwich is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in B70.
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Schools Nearby
- 100mLodge Primary School
- 500mHanbury Primary School
- 700mLyng Primary School
- 400mShireland Biomedical Utc
- 800mShireland CBSO Academy
- 1.0kmWest Bromwich Collegiate Academy
More reading links
Public Transport Nearby
The closest station to 3, Oak Lane, West Bromwich is Sandwell & Dudley station, which is 1.2 kilometres away.
- 1.2kmSandwell & Dudley
- 2.4kmSmethwick Galton Bridge
- 2.7kmLangley 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.
