1B, Tower Road
1B, Tower Road
Description & Estimates
The public record describes 1B, Tower Road, Oldbury as a modern apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1B, Tower Road, Oldbury has an estimated sale value of £118,144 and an estimated rental value of £791 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Tower Road, Tividale, Oldbury, B69.
Tower Road, Tividale, Oldbury, B69 lies in the borough of Sandwell, within the B69 postal district.
Our Data Sources
1B, Tower Road, Oldbury has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1B, Tower Road, Oldbury would be worth £124,052, with a potential rental value of £831 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,874, with a rental value of £736 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 1B, Tower Road, Oldbury has dropped by £875 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £12 (1.5%). The property's estimated gross yield is currently 8.0%.
Energy Efficiency
1B, Tower Road, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 1B, Tower Road, Oldbury across the last 2 years.
Most recently, 9, Mehdi Road, Oldbury, B69 2GE, a leasehold flat, sold at £110,000 on the 10th December 2024.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1B, Tower Road, Oldbury as the 104th largest and the 181st most expensive of the 196 addresses on Tower Road, Tividale, Oldbury, B69.
Against the B69 postcode district average, it is £92k less expensive than the typical property.
More reading links
Schools Nearby
- 500mRounds Green Primary School
- 600mGrace Mary Primary School
- 900mOakham Primary School
- 800mOrmiston Sandwell Community Academy
- 2.2kmWest Bromwich Collegiate Academy
- 2.4kmSt Michael's Church of England High School
More reading links
Public Transport Nearby
Sandwell & Dudley station is the nearest stop to 1B, Tower Road, Oldbury at 1.7 kilometres away.
- 1.7kmSandwell & Dudley
- 2.3kmLangley Green
- 2.5kmDudley Port
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.
