5 The Brooks, Smethwick
5 The Brooks, Smethwick
Description & Estimates
According to the public record, 5 The Brooks, Smethwick is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 The Brooks, Smethwick is £139,633 and the estimated rental value is £775 per month.
The apartment is within The Brooks, Crocketts Lane, Smethwick, B66.
Crocketts Lane, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
Our Data Sources
5 The Brooks, Smethwick has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated October 2019.
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 The Brooks, Smethwick is in very good condition we estimate a sale value of £146,615 and a rental value of £814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,859 and a rental value of £721 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5 The Brooks, Smethwick has moved down by £114 (0.1%), while its estimated rental value has increased by £7 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
5 The Brooks, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 5 The Brooks, Smethwick was last sold on 16th March 2020 for £142,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has dropped by 8.7%.
- Sold Mar 2020£142,000
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 The Brooks, Smethwick within a radius of 520 metres over the last 2 years.
The most recent example is 1 The Brooks, Crocketts Lane, Smethwick, B66 3DG, a leasehold flat which sold for £176,000 on the 17th March 2020.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Crocketts Lane, Smethwick, B66 has a total of 144 addresses. According to our analysis of all the public data, 5 The Brooks, Smethwick is the 139th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in B66.
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Schools Nearby
- 400mVictoria Park Primary
- 500mSt Philip's Catholic Primary School
- 500mCrocketts Community Primary School
- 1.1kmShireland Collegiate Academy
- 1.6kmHolly Lodge High School College of Science
- 1.7kmWindsor Olympus Academy
More reading links
Public Transport Nearby
The closest station to 5 The Brooks, Smethwick is Smethwick Rolfe Street station, which is 500 metres away.
- 500mSmethwick Rolfe Street
- 1.3kmThe Hawthorns
- 1.4kmSmethwick Galton Bridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
