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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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According to the public record, 5, Cedar Close, Oldbury is a mid-century leasehold house with 1,689 ft2 of internal area and sits on a 416 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Cedar Close, Oldbury is £319,119 and the estimated rental value is £1,521 per month.
Cedar Close, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
5, Cedar Close, Oldbury has a single entry in the Land Registry from June 2013 and a single entry in the EPC database dated August 2016.
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 5, Cedar Close, Oldbury is in very good condition we estimate a sale value of £335,075 and a rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,781 and a rental value of £1,415 per month.
Over the last 12 months the sale value of 5 Cedar Close Oldbury has decreased by an estimated £9,831 (3.1%) and its rental value has decreased by an estimated £1 per month (0.0%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 5, Cedar Close, Oldbury sits on a plot of 416m2.
We have plot size data on 3 out of 5 other houses in the postcode and 5, Cedar Close, Oldbury sits on the largest plot.
5, Cedar Close, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2016.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Cedar Close, Oldbury was last sold on 7th June 2013 for £190,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since June 2013, the market for similar properties has risen 56.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cedar Close, Oldbury within a radius of 490 metres over the last 2 years.
The most recent example is 15, Holly Road, Oldbury, B68 0AU, a leasehold house which sold for £330,000 on the 28th November 2024.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Oldbury, B68 has a total of 5 addresses. According to our analysis of all the public data, 5, Cedar Close, Oldbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in B68.
The closest station to 5, Cedar Close, Oldbury is Rowley Regis station which is 2.3 kilometres away.
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 5, Cedar Close, Oldbury, 28.8% of property is socially rented and 25.9% is privately owned outright.
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 5, Cedar Close, Oldbury, 17.4% of residents are recorded as possessing school level qualifications and 28.5% 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 5, Cedar Close, Oldbury, the average age was 39.8 and the most common age was 37.
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 5, Cedar Close, Oldbury, 0.7% 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 5, Cedar Close, Oldbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
