22B, Olive Lane
22B, Olive Lane
Description & Estimates
22B, Olive Lane, Halesowen is recorded publicly as a mid-century leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 22B, Olive Lane, Halesowen is £79,045 and its rental estimate is £573 per month, given the available information and assuming reasonable condition.
22, Olive Lane is a residential building on Olive Lane, Halesowen, B62 and falls within the B62 postal district and the borough of Dudley.
Our Data Sources
22B, Olive Lane, Halesowen has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated February 2019.
We combine this information with that 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
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 22B, Olive Lane, Halesowen, we estimate a market value of £82,997 and a rental value of £602 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,512 and £533 per month respectively.
Recent Market Change
Over the last year, 22B, Olive Lane, Halesowen has seen its estimated sale value fall by £1,035 (1.3%) and its estimated rental value move up by £9 per month (1.6%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
22B, Olive Lane, Halesowen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
The most recent sale of 22B, Olive Lane, Halesowen completed on 13th November 2020 at £67,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 67.3% over the period since November 2020.
- Sold Nov 2020£67,000
- Sold Apr 2006£64,950
- Sold Aug 1997£28,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 22B, Olive Lane, Halesowen has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2017, was Unit 10, Shell Corner Industrial Estate, Long Lane, Halesowen, B62 9LD, a leasehold flat which sold for £380,000.
Read more about house prices in B62.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 118 addresses on Olive Lane, Halesowen, B62, 22B, Olive Lane, Halesowen comes out as the 117th largest and the 117th most expensive in our analysis of the public data.
It is also £225k less expensive than the average property across the B62 district.
More reading links
Schools Nearby
- 500mOlive Hill Primary Academy
- 600mHighfields Primary School
- 800mHurst Green Primary School
- 1.2kmLeasowes High School
- 1.8kmSt Michael's Church of England High School
- 1.8kmPerryfields Academy
More reading links
Public Transport Nearby
From 22B, Olive Lane, Halesowen, the nearest station is Rowley Regis, 1.1 kilometres away.
- 1.1kmRowley Regis
- 1.2kmOld Hill
- 3.5kmCradley Heath
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
