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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
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According to the public record, 488B, Bearwood Road, Smethwick is a modern house with 387 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 488B, Bearwood Road, Smethwick is £132,807 and the estimated rental value is £757 per month.
Bearwood Road, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
488B, Bearwood Road, Smethwick has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 488B, Bearwood Road, Smethwick is in very good condition we estimate a sale value of £139,448 and a rental value of £795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,511 and a rental value of £704 per month.
Over the last 12 months the sale value of 488B Bearwood Road Smethwick has increased by an estimated £2,721 (2.0%) and its rental value has increased by an estimated £25 per month (3.3%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 488B, Bearwood Road, Smethwick sits on a plot of 107m2.
488B, Bearwood Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of 488B, Bearwood Road, Smethwick over the last 2 years.
The most recent example is 459A, Bearwood Road, Smethwick, B66 4DH, a leasehold flat which sold for £120,000 on the 25th April 2022.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bearwood Road, Smethwick, B66 has a total of 552 addresses. According to our analysis of all the public data, 488B, Bearwood Road, Smethwick is the 497th largest and the 204th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in B66.
The closest station to 488B, Bearwood Road, Smethwick is Smethwick Rolfe Street station which is 2.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 488B, Bearwood Road, Smethwick, 55.6% of property is privately rented and 25.6% 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 488B, Bearwood Road, Smethwick, 17.1% of residents are recorded as possessing school level qualifications and 34.2% 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 488B, Bearwood Road, Smethwick, the average age was 37.1 and the most common age was 32.
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 488B, Bearwood Road, Smethwick, 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 488B, Bearwood Road, Smethwick, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
