56, Penncricket Lane
56, Penncricket Lane
Description & Estimates
Public records show 56, Penncricket Lane, Oldbury to be a period freehold house with 1,140 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
56, Penncricket Lane, Oldbury has an estimated sale value of £225,280 and an estimated rental value of £1,216 per month, assuming reasonable condition and based on the information available.
Penncricket Lane, Oldbury, B68 lies in the borough of Sandwell, within the B68 postal district.
Our Data Sources
56, Penncricket Lane, Oldbury has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated June 2024.
We combine this information with that 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 56, Penncricket Lane, Oldbury would be worth £236,544, with a potential rental value of £1,277 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,511, with a rental value of £1,131 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 56, Penncricket Lane, Oldbury has decreased by £2,357 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £8 (0.7%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
56, Penncricket Lane, Oldbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Penncricket Lane, Oldbury last changed hands on 28th April 2023, selling for £153,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 34.7% since April 2023.
- Sold Apr 2023£153,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 56, Penncricket Lane, Oldbury across the last 2 years.
Most recently, 49, Penncricket Lane, Oldbury, B68 8LX, a freehold house, sold at £187,000 on the 13th June 2023.
Read more about house prices in B68.
- Sold Jun 2023£187,000 | 4 Bed House49, Penncricket Lane, Oldbury, B68 8LX49, Penncricket Lane, Oldbury, B68 8LX
- Sold Apr 2023£155,000 | 3 Bed House41, Penncricket Lane, Oldbury, B68 8LX41, Penncricket Lane, Oldbury, B68 8LX
- Sold Jul 2021£140,000 | 4 Bed House43, Penncricket Lane, Oldbury, B68 8LX43, Penncricket Lane, Oldbury, B68 8LX
•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 56, Penncricket Lane, Oldbury as the 5th largest and the 6th most expensive of the 68 addresses on Penncricket Lane, Oldbury, B68.
Against the B68 postcode district average, it is £7k less expensive than the typical property.
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Schools Nearby
- 100mCauseway Green Primary School
- 1.1kmLangley Primary School
- 1.2kmOur Lady and St Hubert's Catholic Primary School
- 700mOldbury Academy
- 1.3kmQ3 Academy Langley
- 1.8kmPerryfields Academy
More reading links
Public Transport Nearby
Rowley Regis station is the nearest stop to 56, Penncricket Lane, Oldbury at 900 metres away.
- 900mRowley Regis
- 1.6kmLangley Green
- 2.8kmOld Hill
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.
