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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Warwick Close, Oldbury is £107,682 and the estimated rental value is £652 per month.
Warwick Close, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
40, Warwick Close, Oldbury has no records in the the Land Registry and a single entry in the EPC database dated May 2015.
We combine this information with public data 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 40, Warwick Close, Oldbury is in very good condition we estimate a sale value of £113,066 and a rental value of £684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,145 and a rental value of £606 per month.
Over the last 12 months the sale value of 40 Warwick Close Oldbury has decreased by an estimated £989 (0.9%) and its rental value has increased by an estimated £12 per month (1.8%), giving an expected gross yield of 7.3%.
40, Warwick Close, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2015.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Warwick Close, Oldbury within a radius of 600 metres over the last 2 years.
The most recent example is 17, Warwick Close, Oldbury, B68 8NH, a leasehold flat which sold for £115,000 on the 16th December 2024.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Close, Oldbury, B68 has a total of 53 addresses. According to our analysis of all the public data, 40, Warwick Close, Oldbury is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in B68.
The closest station to 40, Warwick Close, Oldbury is Langley Green station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40, Warwick Close, Oldbury, 33.3% of property is privately owned outright and 30.3% is socially rented.
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 40, Warwick Close, Oldbury, 12.9% of residents are recorded as possessing school level qualifications and 24.8% 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 40, Warwick Close, Oldbury, the average age was 39.3 and the most common age was 52.
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 40, Warwick Close, Oldbury, 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 40, Warwick Close, Oldbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.