43, Old Park Lane
43, Old Park Lane
Description & Estimates
According to the public record, 43, Old Park Lane, Oldbury is a modern freehold house with 1,571 ft2 of internal area and sits on a 555 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 43, Old Park Lane, Oldbury is £293,875 and the estimated rental value is £1,441 per month.
Old Park Lane, Oldbury, B69 is located in the borough of Sandwell within the B69 postal district.
Our Data Sources
43, Old Park Lane, Oldbury has a single entry in the Land Registry from November 2012 and a single entry in the EPC database dated August 2011.
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
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 43, Old Park Lane, Oldbury is in very good condition we estimate a sale value of £308,569 and a rental value of £1,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,304 and a rental value of £1,340 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 43, Old Park Lane, Oldbury has decreased by £3,477 (1.2%), while its estimated rental value has grown by £20 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Plot Size
According to data from HM Land Registry, 43, Old Park Lane, Oldbury sits on a plot of 555 m2.
We have plot size data on 9 out of 11 other houses in the postcode and 43, Old Park Lane, Oldbury sits on the largest plot.
Energy Efficiency
43, Old Park Lane, Oldbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 43, Old Park Lane, Oldbury was last sold on 13th November 2012 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen by 73.2%.
- Sold Nov 2012£180,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Old Park Lane, Oldbury within a radius of 800 metres over the last 2 years.
The most recent example is 37, Old Park Lane, Oldbury, B69 4PT, a freehold house which sold for £200,000 on the 31st March 2017.
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
Old Park Lane, Oldbury, B69 has a total of 19 addresses. According to our analysis of all the public data, 43, Old Park Lane, Oldbury is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in B69.
More reading links
Schools Nearby
- 100mLangley Primary School
- 1.1kmRood End Primary School
- 1.2kmSt James CofE Primary School
- 1.3kmQ3 Academy Langley
- 1.4kmOldbury Academy
- 1.7kmBristnall Hall Academy
More reading links
Public Transport Nearby
The closest station to 43, Old Park Lane, Oldbury is Langley Green station, which is 700 metres away.
- 700mLangley Green
- 1.8kmSandwell & Dudley
- 2.0kmRowley Regis
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
