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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, Melrose Place, Smethwick is a mid-century house with 1,184 ft2 of internal area.
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, Melrose Place, Smethwick is £200,444 and the estimated rental value is £1,073 per month.
Melrose Place, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
5, Melrose Place, Smethwick has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
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.
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, Melrose Place, Smethwick is in very good condition we estimate a sale value of £210,466 and a rental value of £1,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,413 and a rental value of £997 per month.
Over the last 12 months the sale value of 5 Melrose Place Smethwick has increased by an estimated £1,270 (0.6%) and its rental value has increased by an estimated £19 per month (1.8%), giving an expected gross yield of 6.4%.
5, Melrose Place, Smethwick has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Melrose Place, Smethwick within a radius of 730 metres over the last 2 years.
The most recent example is 7, Culvert Way, Smethwick, B66 1TD, a freehold house which sold for £205,000 on the 28th April 2023.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Place, Smethwick, B66 has a total of 24 addresses. According to our analysis of all the public data, 5, Melrose Place, Smethwick is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in B66.
The closest station to 5, Melrose Place, Smethwick is Smethwick Galton Bridge station which is 600 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, Melrose Place, 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, Melrose Place, 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, Melrose Place, 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, Melrose Place, 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, Melrose Place, 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.
