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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 4, Laurel Drive, Smethwick is a modern freehold house with 828 ft2 of internal area and sits on a 147 m2 plot.
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 4, Laurel Drive, Smethwick is £228,681 and the estimated rental value is £1,062 per month.
Laurel Drive, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
4, Laurel Drive, Smethwick has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4, Laurel Drive, Smethwick is in very good condition we estimate a sale value of £240,115 and a rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,673 and a rental value of £987 per month.
Over the last 12 months the sale value of 4 Laurel Drive Smethwick has increased by an estimated £5,204 (2.3%) and its rental value has increased by an estimated £33 per month (3.1%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 4, Laurel Drive, Smethwick sits on a plot of 147m2.
We have plot size data on 25 out of 44 other houses in the postcode and 4, Laurel Drive, Smethwick sits on the 24th largest plot.
4, Laurel Drive, Smethwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2016.
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, 4, Laurel Drive, Smethwick was last sold on 27th October 2016 for £164,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Laurel Drive, Smethwick within a radius of 780 metres over the last 2 years.
The most recent example is 7, Laurel Drive, Smethwick, B66 2HT, a freehold house which sold for £211,000 on the 23rd September 2022.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Drive, Smethwick, B66 has a total of 44 addresses. According to our analysis of all the public data, 4, Laurel Drive, Smethwick is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in B66.
The closest station to 4, Laurel Drive, Smethwick is The Hawthorns station which is 100 metres 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 4, Laurel Drive, Smethwick, 45.9% of property is socially rented and 20.0% 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 4, Laurel Drive, Smethwick, 29.5% of residents are recorded as possessing school level qualifications and 19.4% 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 4, Laurel Drive, Smethwick, the average age was 33.5 and the most common age was 12.
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 4, Laurel Drive, Smethwick, 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 4, Laurel Drive, Smethwick, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
