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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 499, Hagley Road, Smethwick is a period leasehold apartment with 495 ft2 of internal area.
Apartments 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 499, Hagley Road, Smethwick is £160,511 and the estimated rental value is £901 per month.
The apartment is within 499, Hagley Road, Smethwick, B66.
Hagley Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
499, Hagley Road, Smethwick has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated June 2023.
We combine this information with that 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.
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 499, Hagley Road, Smethwick is in very good condition we estimate a sale value of £168,537 and a rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,275 and a rental value of £838 per month.
Over the last 12 months the sale value of 499 Hagley Road Smethwick has increased by an estimated £803 (0.5%) and its rental value has increased by an estimated £11 per month (1.2%), giving an expected gross yield of 6.7%.
499, Hagley Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2023.
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, 499, Hagley Road, Smethwick was last sold on 25th May 2018 for £124,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 499, Hagley Road, Smethwick within a radius of 480 metres over the last 2 years.
The most recent example is Flat 2, 93, Poplar Road, Smethwick, B66 4AW, a leasehold flat which sold for £110,500 on the 12th March 2015.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hagley Road, Smethwick, B66 has a total of 21 addresses. According to our analysis of all the public data, 499, Hagley Road, Smethwick is the 16th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in B66.
The closest station to 499, Hagley Road, Smethwick is Smethwick Rolfe Street station which is 2.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 499, Hagley Road, Smethwick, 56.6% of property is privately rented and 26.2% 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 499, Hagley Road, Smethwick, 17.5% of residents are recorded as possessing school level qualifications and 47.2% 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 499, Hagley Road, Smethwick, the average age was 37.1 and the most common age was 32.
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 499, Hagley Road, Smethwick, 0.9% 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 499, Hagley Road, Smethwick, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
