40, Tower Road
40, Tower Road
Description & Estimates
Public records show 40, Tower Road, Oldbury to be an early-century freehold house with 689 ft2 of internal area, sitting on a 176 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Tower Road, Oldbury has an estimated sale value of £198,405 and an estimated rental value of £1,097 per month, assuming reasonable condition and based on the information available.
Tower Road, Tividale, Oldbury, B69 lies in the borough of Sandwell, within the B69 postal district.
Our Data Sources
40, Tower Road, Oldbury has 2 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated December 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Tower Road, Oldbury would be worth £208,325, with a potential rental value of £1,152 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £184,517, with a rental value of £1,020 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Tower Road, Oldbury has increased by £3,331 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (4.0%). The property's estimated gross yield is currently 6.6%.
Plot Size
40, Tower Road, Oldbury occupies a 176 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 32 have recorded plot sizes, and this one ranks as the 29th largest.
Energy Efficiency
40, Tower Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Tower Road, Oldbury last changed hands on 30th September 2015, selling for £107,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 74.4% since September 2015.
- Sold Sep 2015£107,500
- Sold Jun 2009£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 40, Tower Road, Oldbury across the last 2 years.
Most recently, 38, Tower Road, Oldbury, B69 1NB, a freehold house, sold at £177,000 on the 7th March 2025.
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
Our analysis of the public data ranks 40, Tower Road, Oldbury as the 156th largest and the 125th most expensive of the 196 addresses on Tower Road, Tividale, Oldbury, B69.
Against the B69 postcode district average, it is £12k less expensive than the typical property.
More reading links
Schools Nearby
- 500mGrace Mary Primary School
- 600mRounds Green Primary School
- 800mOakham Primary School
- 800mOrmiston Sandwell Community Academy
- 2.3kmSt Michael's Church of England High School
- 2.3kmWest Bromwich Collegiate Academy
More reading links
Public Transport Nearby
Sandwell & Dudley station is the nearest stop to 40, Tower Road, Oldbury at 1.7 kilometres away.
- 1.7kmSandwell & Dudley
- 2.3kmLangley Green
- 2.6kmDudley Port
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
