24B, Olive Lane
24B, Olive Lane
Description & Estimates
The public record describes 24B, Olive Lane, Halesowen as a mid-century apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
24B, Olive Lane, Halesowen has an estimated sale value of £79,045 and an estimated rental value of £573 per month, assuming reasonable condition and based on the information available.
The apartment sits within 24, Olive Lane, Halesowen, B62.
Olive Lane, Halesowen, B62 lies in the borough of Dudley, within the B62 postal district.
Our Data Sources
24B, Olive Lane, Halesowen has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
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 24B, Olive Lane, Halesowen would be worth £82,997, with a potential rental value of £602 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £73,512, with a rental value of £533 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 24B, Olive Lane, Halesowen has fallen by £1,035 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £9 (1.6%). The property's estimated gross yield is currently 8.7%.
Energy Efficiency
24B, Olive Lane, Halesowen has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2019.
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 2 sales of comparable properties within 560 metres of 24B, Olive Lane, Halesowen across the last 2 years.
Most recently, 22B, Olive Lane, Halesowen, B62 8LS, a leasehold flat, sold at £67,000 on the 13th November 2020.
Read more about house prices in B62.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 24B, Olive Lane, Halesowen as the 116th largest and the 116th most expensive of the 118 addresses on Olive Lane, Halesowen, B62.
Against the B62 postcode district average, it is £225k less expensive than the typical property.
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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
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Public Transport Nearby
Rowley Regis station is the nearest stop to 24B, Olive Lane, Halesowen at 1.1 kilometres away.
- 1.1kmRowley Regis
- 1.2kmOld Hill
- 3.5kmCradley Heath
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.
