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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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The public record lists 8, Ludgate Close, Oldbury as a freehold house sitting on a 199 m2 plot.
Comparison with its neighbours suggests a modern house with 805 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
8, Ludgate Close, Oldbury has an estimated sale value of £284,775 and an estimated rental value of £1,239 per month, assuming reasonable condition and based on the information available.
Ludgate Close, Tividale, Oldbury, B69 lies in the borough of Sandwell, within the B69 postal district.
8, Ludgate Close, Oldbury has 21 entries in the Land Registry , most recently in March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 8, Ludgate Close, Oldbury would be worth £299,014, with a potential rental value of £1,301 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £264,841, with a rental value of £1,153 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Ludgate Close, Oldbury has increased by £4,781 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (4.0%). The property's estimated gross yield is currently 5.2%.
8, Ludgate Close, Oldbury occupies a 199 m2 plot as recorded by HM Land Registry.
All 26 other houses in this postcode have recorded plot sizes, and this one ranks as the 25th largest.
8, Ludgate Close, Oldbury last changed hands on 10th March 2008, selling for £149,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 59.8% since March 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 8, Ludgate Close, Oldbury across the last 2 years.
Most recently, 12, Ludgate Close, Oldbury, B69 1NY, a freehold house, sold at £265,000 on the 29th April 2022.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Ludgate Close, Oldbury as the 26th largest and the 24th most expensive of the 26 addresses on Ludgate Close, Tividale, Oldbury, B69.
Against the B69 postcode district average, it is £74k more expensive than the typical property.
Dudley Port station is the nearest stop to 8, Ludgate Close, Oldbury at 2.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Ludgate Close, Oldbury, 66.7% of property is privately owned with a mortgage and 26.2% is privately owned outright.
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 8, Ludgate Close, Oldbury, 23.8% of residents are recorded as possessing school level qualifications and 38.4% 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 8, Ludgate Close, Oldbury, the average age was 37.5 and the most common age was 7.
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 8, Ludgate Close, Oldbury, 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 8, Ludgate Close, Oldbury, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
