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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, Chance Drive, Smethwick is a mid-century freehold house with 1,227 ft2 of internal area and sits on a 241 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 5, Chance Drive, Smethwick is £318,231 and the estimated rental value is £1,273 per month.
Chance Drive, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
5, Chance Drive, Smethwick has a single entry in the Land Registry from January 2007 and a single entry in the EPC database dated November 2014.
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, Chance Drive, Smethwick is in very good condition we estimate a sale value of £334,142 and a rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,955 and a rental value of £1,184 per month.
Over the last 12 months the sale value of 5 Chance Drive Smethwick has increased by an estimated £2,017 (0.6%) and its rental value has increased by an estimated £23 per month (1.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 5, Chance Drive, Smethwick sits on a plot of 241m2.
We have plot size data on 5 out of 5 other houses in the postcode and 5, Chance Drive, Smethwick sits on the 5th largest plot.
5, Chance Drive, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Chance Drive, Smethwick was last sold on 26th January 2007 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2007, the market for similar properties has risen 105.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Chance Drive, Smethwick within a radius of 730 metres over the last 2 years.
The most recent example is 12, Narel Sharpe Close, Smethwick, B66 1TU, a freehold house which sold for £265,000 on the 16th June 2021.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chance Drive, Smethwick, B66 has a total of 5 addresses. According to our analysis of all the public data, 5, Chance Drive, Smethwick is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in B66.
The closest station to 5, Chance Drive, Smethwick is Smethwick Galton Bridge station which is 700 metres 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 5, Chance Drive, Smethwick, 51.7% of property is socially rented and 30.6% 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 5, Chance Drive, Smethwick, 35.9% of residents are recorded as possessing school level qualifications and 24.5% 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, Chance Drive, Smethwick, the average age was 33.5 and the most common age was 12.
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, Chance Drive, Smethwick, 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 5, Chance Drive, Smethwick, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
