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Company No. 11113204
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42, Oakfield Drive, Birmingham is recorded publicly as an early-century freehold house across 1,033 ft2 of internal area, sitting on a 383 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Oakfield Drive, Birmingham is £416,466 and its rental estimate is £1,555 per month, given the available information and assuming reasonable condition.
Oakfield Drive, Cofton Hackett, Birmingham, B45 falls within the B45 postal district, in the borough of Bromsgrove.
42, Oakfield Drive, Birmingham has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated September 2021.
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.
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 42, Oakfield Drive, Birmingham, we estimate a market value of £437,289 and a rental value of £1,633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £387,313 and £1,446 per month respectively.
Over the last year, 42, Oakfield Drive, Birmingham has seen its estimated sale value move up by £3,719 (0.9%) and its estimated rental value increase by £70 per month (4.5%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 42, Oakfield Drive, Birmingham as measuring 383 m2.
That makes it the 13th largest plot in the postcode, where all 31 other houses have recorded plot data.
42, Oakfield Drive, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 42, Oakfield Drive, Birmingham completed on 25th August 2022 at £367,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.5% over the period since August 2022.
Over the past 2 years 3 properties similar to 42, Oakfield Drive, Birmingham have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2024, was 37, Oakfield Drive, Birmingham, B45 8AN, a freehold house which sold for £405,000.
Read more about house prices in B45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 61 addresses on Oakfield Drive, Cofton Hackett, Birmingham, B45, 42, Oakfield Drive, Birmingham comes out as the 32nd largest and the 36th most expensive in our analysis of the public data.
It is also £117k more expensive than the average property across the B45 district.
From 42, Oakfield Drive, Birmingham, the nearest station is Longbridge, 1.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Oakfield Drive, Birmingham, 51.0% of property is privately owned outright and 42.9% 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 42, Oakfield Drive, Birmingham, 16.8% of residents are recorded as possessing school level qualifications and 39.6% 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 42, Oakfield Drive, Birmingham, the average age was 43 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 42, Oakfield Drive, Birmingham, 1.1% 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 42, Oakfield Drive, Birmingham, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
