50, Mehdi Road
50, Mehdi Road
Description & Estimates
The public record describes 50, Mehdi Road, Oldbury as a modern apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
50, Mehdi Road, Oldbury has an estimated sale value of £123,929 and an estimated rental value of £798 per month, assuming reasonable condition and based on the information available.
Mehdi Road, Oldbury, B69 lies in the borough of Sandwell, within the B69 postal district.
Our Data Sources
50, Mehdi Road, Oldbury has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 50, Mehdi Road, Oldbury would be worth £130,126, with a potential rental value of £838 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £115,254, with a rental value of £742 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 50, Mehdi Road, Oldbury has declined by £918 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (1.5%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
50, Mehdi Road, Oldbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
50, Mehdi Road, Oldbury last changed hands on 21st December 2006, selling for £117,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Dec 2006£117,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 50, Mehdi Road, Oldbury across the last 2 years.
Most recently, 9, Mehdi Road, Oldbury, B69 2GE, a leasehold flat, sold at £110,000 on the 10th December 2024.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 50, Mehdi Road, Oldbury as the 39th largest and the 41st most expensive of the 67 addresses on Mehdi Road, Oldbury, B69.
Against the B69 postcode district average, it is £87k less expensive than the typical property.
More reading links
Schools Nearby
- 500mRounds Green Primary School
- 1.1kmGrace Mary Primary School
- 1.3kmSt Francis Xavier Catholic Primary School
- 700mOrmiston Sandwell Community Academy
- 1.9kmWest Bromwich Collegiate Academy
- 2.4kmGeorge Salter Academy
More reading links
Public Transport Nearby
Sandwell & Dudley station is the nearest stop to 50, Mehdi Road, Oldbury at 1.3 kilometres away.
- 1.3kmSandwell & Dudley
- 2.3kmLangley Green
- 2.3kmDudley Port
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
