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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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According to the public record, 8, Princes Way, Oldbury is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Princes Way, Oldbury is £158,056 and the estimated rental value is £877 per month.
Princes Way, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
8, Princes Way, Oldbury has 2 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated July 2020.
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.
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 8, Princes Way, Oldbury is in very good condition we estimate a sale value of £165,959 and a rental value of £921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,992 and a rental value of £816 per month.
Over the last 12 months the sale value of 8 Princes Way Oldbury has decreased by an estimated £1,452 (0.9%) and its rental value has increased by an estimated £16 per month (1.8%), giving an expected gross yield of 6.7%.
8, Princes Way, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Princes Way, Oldbury was last sold on 27th October 2015 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Princes Way, Oldbury within a radius of 500 metres over the last 2 years.
The most recent example is 7, Princes Way, Oldbury, B68 0PB, a leasehold flat which sold for £108,500 on the 25th September 2018.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Way, Oldbury, B68 has a total of 11 addresses. According to our analysis of all the public data, 8, Princes Way, Oldbury is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in B68.
The closest station to 8, Princes Way, Oldbury is Rowley Regis station which is 2.0 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Princes Way, Oldbury, 35.2% of property is socially rented and 25.6% is privately owned with a mortgage.
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, Princes Way, Oldbury, 24.4% of residents are recorded as possessing school level qualifications and 31.1% 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, Princes Way, Oldbury, the average age was 39.8 and the most common age was 37.
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, Princes Way, 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, Princes Way, Oldbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
