5, Oak Tree Close
5, Oak Tree Close
Description & Estimates
According to the public record, 5, Oak Tree Close, Birmingham is a modern freehold house with 1,173 ft2 of internal area and sits on a 253 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, Oak Tree Close, Birmingham is £454,132 and the estimated rental value is £1,526 per month.
Oak Tree Close, Alvechurch, Birmingham, B48 is located in the borough of Bromsgrove within the B48 postal district.
Our Data Sources
5, Oak Tree Close, Birmingham has a single entry in the Land Registry from May 2017 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Oak Tree Close, Birmingham is in very good condition we estimate a sale value of £476,838 and a rental value of £1,603 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,343 and a rental value of £1,419 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Oak Tree Close, Birmingham has grown by £4,906 (1.1%), while its estimated rental value has climbed by £53 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 5, Oak Tree Close, Birmingham sits on a plot of 253 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 5, Oak Tree Close, Birmingham sits on the 8th largest plot.
Energy Efficiency
5, Oak Tree Close, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Oak Tree Close, Birmingham was last sold on 5th May 2017 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen by 9.7%.
- Sold May 2017£335,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oak Tree Close, Birmingham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 48, Hollington Road, Birmingham, B48 7LQ, a freehold house which sold for £392,500 on the 7th December 2023.
Read more about house prices in B48.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oak Tree Close, Alvechurch, Birmingham, B48 has a total of 9 addresses. According to our analysis of all the public data, 5, Oak Tree Close, Birmingham is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in B48.
More reading links
Schools Nearby
- 300mCrown Meadow First School & Nursery
- 1.7kmSt Andrew's CofE First School
- 3.4kmBlackwell First School
- 4.6kmTurves Green Boys' School
- 4.9kmKing Edward VI Northfield School for Girls
- 5.0kmColmers School and Sixth Form College
More reading links
Public Transport Nearby
The closest station to 5, Oak Tree Close, Birmingham is Alvechurch station, which is 1.2 kilometres away.
- 1.2kmAlvechurch
- 1.8kmBarnt Green
- 4.5kmLongbridge
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
