49, Oak Lane
49, Oak Lane
Description & Estimates
49, Oak Lane, Burntwood is described in the public record as a mid-century apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 49, Oak Lane, Burntwood is £104,947 and its rental estimate is £681 per month, given the available information and assuming reasonable condition.
Oak Lane, Burntwood, WS7 falls within the WS7 postal district, in the borough of Lichfield.
Our Data Sources
49, Oak Lane, Burntwood has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 49, Oak Lane, Burntwood, we estimate a market value of £110,195 and a rental value of £715 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,601 and £633 per month respectively.
Recent Market Change
Over the last year, 49, Oak Lane, Burntwood has seen its estimated sale value move down by £411 (0.4%) and its estimated rental value increase by £19 per month (2.8%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
49, Oak Lane, Burntwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 49, Oak Lane, Burntwood have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was 10, Albion Way, Burntwood, WS7 2NW, a leasehold flat which sold for £105,000.
Read more about house prices in WS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 107 addresses on Oak Lane, Burntwood, WS7, 49, Oak Lane, Burntwood comes out as the 101st largest and the 101st most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the WS7 district.
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Schools Nearby
- 200mBoney Hay Primary Academy
- 900mChase Terrace Primary School
- 900mHolly Grove Primary Academy
- 800mChase Terrace Academy
- 2.4kmErasmus Darwin Academy
- 2.9kmNorton Canes High School
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Public Transport Nearby
From 49, Oak Lane, Burntwood, the nearest station is Hednesford, 5.6 kilometres away.
- 5.6kmHednesford
- 6.4kmCannock
- 6.9kmLichfield City
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
