4, Park Close
4, Park Close
Description & Estimates
4, Park Close, Oldbury is described in the public record as a mid-century apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Park Close, Oldbury is £89,164 and its rental estimate is £637 per month, given the available information and assuming reasonable condition.
Park Close, Tividale, Oldbury, B69 falls within the B69 postal district, in the borough of Sandwell.
Our Data Sources
4, Park Close, Oldbury has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Park Close, Oldbury, we estimate a market value of £93,623 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,923 and £592 per month respectively.
Recent Market Change
Over the last year, 4, Park Close, Oldbury has seen its estimated sale value fall by £660 (0.7%) and its estimated rental value move up by £9 per month (1.5%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
4, Park Close, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2024.
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
Over the past 2 years 3 properties similar to 4, Park Close, Oldbury have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 24, Sampson Close, Oldbury, B69 1NL, a leasehold flat which sold for £100,000.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Park Close, Tividale, Oldbury, B69, 4, Park Close, Oldbury comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the B69 district.
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Schools Nearby
- 200mGrace Mary Primary School
- 500mOakham Primary School
- 1.1kmRounds Green Primary School
- 1.1kmOrmiston Sandwell Community Academy
- 1.8kmSt Michael's Church of England High School
- 2.9kmWest Bromwich Collegiate Academy
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Public Transport Nearby
From 4, Park Close, Oldbury, the nearest station is Sandwell & Dudley, 2.3 kilometres away.
- 2.3kmSandwell & Dudley
- 2.6kmLangley Green
- 2.6kmRowley Regis
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
