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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
According to the public record, 83, Forest Road, Oldbury is a early-century freehold house with 1,076 ft2 of internal area and sits on a 303 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 83, Forest Road, Oldbury is £288,456 and the estimated rental value is £1,241 per month.
Forest Road, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
83, Forest Road, Oldbury has a single entry in the Land Registry from September 2010 and a single entry in the EPC database dated June 2021.
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.
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 83, Forest Road, Oldbury is in very good condition we estimate a sale value of £302,878 and a rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,264 and a rental value of £1,154 per month.
Over the last 12 months the sale value of 83 Forest Road Oldbury has increased by an estimated £4,087 (1.4%) and its rental value has increased by an estimated £37 per month (2.9%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 83, Forest Road, Oldbury sits on a plot of 303m2.
We have plot size data on 39 out of 39 other houses in the postcode and 83, Forest Road, Oldbury sits on the 13th largest plot.
83, Forest Road, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 2021.
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, 83, Forest Road, Oldbury was last sold on 3rd September 2010 for £148,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2010, the market for similar properties has risen 57.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Forest Road, Oldbury within a radius of 490 metres over the last 2 years.
The most recent example is 97, Forest Road, Oldbury, B68 0ED, a freehold house which sold for £275,000 on the 31st May 2024.
Read more about house prices in B68.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Road, Oldbury, B68 has a total of 104 addresses. According to our analysis of all the public data, 83, Forest Road, Oldbury is the 63rd largest and the 65th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in B68.
The closest station to 83, Forest Road, Oldbury is Rowley Regis station which is 2.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 83, Forest Road, Oldbury, 51.2% of property is privately owned with a mortgage and 41.3% 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 83, Forest Road, Oldbury, 20.6% of residents are recorded as possessing school level qualifications and 38.2% 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 83, Forest Road, 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 83, Forest Road, 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 83, Forest Road, Oldbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
