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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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45, Old Park Lane, Oldbury is recorded publicly as a modern freehold house across 1,350 ft2 of internal area, sitting on a 235 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 45, Old Park Lane, Oldbury is £269,061 and its rental estimate is £1,319 per month, given the available information and assuming reasonable condition.
Old Park Lane, Oldbury, B69 falls within the B69 postal district, in the borough of Sandwell.
45, Old Park Lane, Oldbury has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated November 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.
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 45, Old Park Lane, Oldbury, we estimate a market value of £282,514 and a rental value of £1,385 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,227 and £1,227 per month respectively.
Over the last year, 45, Old Park Lane, Oldbury has seen its estimated sale value decrease by £3,183 (1.2%) and its estimated rental value grow by £18 per month (1.4%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 45, Old Park Lane, Oldbury as measuring 235 m2.
That makes it the 9th largest plot in the postcode, where 9 of the 11 other houses have recorded plot data.
45, Old Park Lane, Oldbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 45, Old Park Lane, Oldbury completed on 3rd February 2016 at £192,500 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 risen by 54.8% over the period since February 2016.
Over the past 2 years 3 properties similar to 45, Old Park Lane, Oldbury have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th February 2022, was 35, Mill Lane, Oldbury, B69 4SW, a leasehold house which sold for £349,950.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Old Park Lane, Oldbury, B69, 45, Old Park Lane, Oldbury comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the B69 district.
From 45, Old Park Lane, Oldbury, the nearest station is Langley Green, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 45, Old Park Lane, Oldbury, 37.7% of property is socially rented and 26.2% is privately 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 45, Old Park Lane, Oldbury, 13.4% of residents are recorded as possessing school level qualifications and 9.9% 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 45, Old Park Lane, 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 45, Old Park Lane, 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 45, Old Park Lane, Oldbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
