Flat 1, 53
Flat 1, 53
Description & Estimates
The public record describes Flat 1, 53, Knottsall Lane, Oldbury as a period apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, 53, Knottsall Lane, Oldbury has an estimated sale value of £111,064 and an estimated rental value of £617 per month, assuming reasonable condition and based on the information available.
The apartment sits within 53, Knottsall Lane, Oldbury, B68.
Knottsall Lane, Oldbury, B68 lies in the borough of Sandwell, within the B68 postal district.
Our Data Sources
Flat 1, 53, Knottsall Lane, Oldbury has no records in the the Land Registry and a single entry in the EPC database dated August 2017.
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 Flat 1, 53, Knottsall Lane, Oldbury would be worth £116,617, with a potential rental value of £647 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,289, with a rental value of £573 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 Flat 1, 53, Knottsall Lane, Oldbury has declined by £1,269 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £3 (0.5%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 1, 53, Knottsall Lane, Oldbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2017.
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 1 sale of a comparable property within 550 metres of Flat 1, 53, Knottsall Lane, Oldbury across the last 2 years.
Most recently, 5, Gravity Mews, Oldbury, B68 9TW, a leasehold flat, sold at £71,000 on the 5th June 2017.
Read more about house prices in B68.
•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 Flat 1, 53, Knottsall Lane, Oldbury as the 47th largest and the 45th most expensive of the 47 addresses on Knottsall Lane, Oldbury, B68.
Against the B68 postcode district average, it is £121k less expensive than the typical property.
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Schools Nearby
- 200mOur Lady and St Hubert's Catholic Primary School
- 200mMoat Farm Junior School
- 200mMoat Farm Infant School
- 300mQ3 Academy Langley
- 600mBristnall Hall Academy
- 600mOldbury Academy
More reading links
Public Transport Nearby
Langley Green station is the nearest stop to Flat 1, 53, Knottsall Lane, Oldbury at 1.3 kilometres away.
- 1.3kmLangley Green
- 2.1kmRowley Regis
- 2.6kmSmethwick Galton Bridge
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.
