47B, Old Park Lane
47B, Old Park Lane
Description & Estimates
According to the public record, 47B, Old Park Lane, Oldbury is a modern freehold house with 1,948 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47B, Old Park Lane, Oldbury is £331,894 and the estimated rental value is £1,671 per month.
Old Park Lane, Oldbury, B69 is located in the borough of Sandwell within the B69 postal district.
Our Data Sources
47B, Old Park Lane, Oldbury has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated November 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 47B, Old Park Lane, Oldbury is in very good condition we estimate a sale value of £348,489 and a rental value of £1,755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,662 and a rental value of £1,554 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 47B, Old Park Lane, Oldbury has fallen by £7,427 (2.2%), while its estimated rental value has moved down by £2 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Plot Size
According to data from HM Land Registry, 47B, Old Park Lane, Oldbury sits on a plot of 279 m2.
We have plot size data on 9 out of 11 other houses in the postcode and 47B, Old Park Lane, Oldbury sits on the 7th largest plot.
Energy Efficiency
47B, Old Park Lane, Oldbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 47B, Old Park Lane, Oldbury was last sold on 24th July 2019 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen by 59.0%.
- Sold Jul 2019£315,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47B, Old Park Lane, Oldbury within a radius of 810 metres over the last 2 years.
The most recent example is 64, Vicarage Street, Oldbury, B68 8JS, a freehold house which sold for £144,000 on the 22nd April 2024.
Read more about house prices in B69.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Park Lane, Oldbury, B69 has a total of 19 addresses. According to our analysis of all the public data, 47B, Old Park Lane, Oldbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in B69.
More reading links
Schools Nearby
- 100mLangley Primary School
- 1.1kmRood End Primary School
- 1.2kmSt James CofE Primary School
- 1.3kmQ3 Academy Langley
- 1.4kmOldbury Academy
- 1.7kmBristnall Hall Academy
More reading links
Public Transport Nearby
The closest station to 47B, Old Park Lane, Oldbury is Langley Green station, which is 700 metres away.
- 700mLangley Green
- 1.8kmSandwell & Dudley
- 2.0kmRowley Regis
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
