422, Birchfield Lane
422, Birchfield Lane
Description & Estimates
422, Birchfield Lane, Oldbury is recorded publicly as a mid-century leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 422, Birchfield Lane, Oldbury is £77,632 and its rental estimate is £554 per month, given the available information and assuming reasonable condition.
Birchfield Lane, Oldbury, B69 falls within the B69 postal district, in the borough of Sandwell.
Our Data Sources
422, Birchfield Lane, Oldbury has 21 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated February 2013.
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.
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 422, Birchfield Lane, Oldbury, we estimate a market value of £81,513 and a rental value of £582 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,197 and £515 per month respectively.
Recent Market Change
Over the last year, 422, Birchfield Lane, Oldbury has seen its estimated sale value move down by £575 (0.7%) and its estimated rental value increase by £8 per month (1.5%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
422, Birchfield Lane, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 422, Birchfield Lane, Oldbury completed on 24th May 2013 at £40,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 109.9% over the period since May 2013.
- Sold May 2013£40,000
- Sold Dec 1999£32,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 422, Birchfield Lane, Oldbury have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2024, was 442, Birchfield Lane, Oldbury, B69 1AF, a leasehold flat which sold for £70,000.
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 132 addresses on Birchfield Lane, Oldbury, B69, 422, Birchfield Lane, Oldbury comes out as the 115th largest and the 130th most expensive in our analysis of the public data.
It is also £133k less expensive than the average property across the B69 district.
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Schools Nearby
- 500mSt James CofE Primary School
- 800mRowley Hall Primary School
- 900mCauseway Green Primary School
- 1.5kmOldbury Academy
- 1.5kmSt Michael's Church of England High School
- 1.8kmQ3 Academy Langley
More reading links
Public Transport Nearby
From 422, Birchfield Lane, Oldbury, the nearest station is Rowley Regis, 1.2 kilometres away.
- 1.2kmRowley Regis
- 1.7kmLangley Green
- 2.5kmSandwell & Dudley
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.
