8 The Brooks, Smethwick
8 The Brooks, Smethwick
Description & Estimates
8 The Brooks, Smethwick is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8 The Brooks, Smethwick is £162,502 and its rental estimate is £918 per month, given the available information and assuming reasonable condition.
The Brooks, Crocketts Lane is a residential building on Crocketts Lane, Smethwick, B66 and falls within the B66 postal district and the borough of Sandwell.
Our Data Sources
8 The Brooks, Smethwick has a single entry in the Land Registry from July 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8 The Brooks, Smethwick, we estimate a market value of £170,628 and a rental value of £964 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £151,127 and £854 per month respectively.
Recent Market Change
Over the last year, 8 The Brooks, Smethwick has seen its estimated sale value decrease by £149 (0.1%) and its estimated rental value grow by £6 per month (0.7%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
8 The Brooks, Smethwick has an Energy Performance Rating (EPC) of C. 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
The most recent sale of 8 The Brooks, Smethwick completed on 27th July 2020 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.1% over the period since July 2020.
- Sold Jul 2020£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8 The Brooks, Smethwick have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2021, was 10 The Brooks, Crocketts Lane, Smethwick, B66 3DG, a leasehold flat which sold for £137,000.
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
Of the 144 addresses on Crocketts Lane, Smethwick, B66, 8 The Brooks, Smethwick comes out as the 112th largest and the 66th most expensive in our analysis of the public data.
It is also £46k less expensive than the average property across the B66 district.
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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
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Public Transport Nearby
From 8 The Brooks, Smethwick, the nearest station is Smethwick Rolfe Street, 500 metres away.
- 500mSmethwick Rolfe Street
- 1.3kmThe Hawthorns
- 1.4kmSmethwick Galton Bridge
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
