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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, The Oval, Smethwick is £196,653 and the estimated rental value is £981 per month.
The Oval, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
42, The Oval, Smethwick has 21 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that 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 42, The Oval, Smethwick is in very good condition we estimate a sale value of £206,485 and a rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,887 and a rental value of £912 per month.
Over the last 12 months the sale value of 42 The Oval Smethwick has increased by an estimated £3,406 (1.7%) and its rental value has increased by an estimated £36 per month (3.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 42, The Oval, Smethwick sits on a plot of 232m2.
We have plot size data on 20 out of 33 other houses in the postcode and 42, The Oval, Smethwick sits on the 12th largest plot.
42, The Oval, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2022.
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, 42, The Oval, Smethwick was last sold on 18th July 2022 for £176,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, The Oval, Smethwick within a radius of 500 metres over the last 2 years.
The most recent example is 96, Broadmoor Avenue, Smethwick, B67 6JU, a freehold house which sold for £167,500 on the 24th May 2023.
Read more about house prices in B67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Oval, Smethwick, B67 has a total of 132 addresses. According to our analysis of all the public data, 42, The Oval, Smethwick is the 132nd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in B67.
The closest station to 42, The Oval, Smethwick is Langley Green station which is 1.9 kilometres 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 42, The Oval, Smethwick, 33.6% of property is socially rented and 27.6% 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, The Oval, Smethwick, 27.8% of residents are recorded as possessing school level qualifications and 24.0% 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, The Oval, Smethwick, the average age was 37.1 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 42, The Oval, 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 42, The Oval, Smethwick, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.