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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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Flat 1, 56, Edgbaston Road, Smethwick is described in the public record as a period apartment with 1,237 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 56, Edgbaston Road, Smethwick is £132,303 and its rental estimate is £930 per month, given the available information and assuming reasonable condition.
56, Edgbaston Road is a residential building on Edgbaston Road, Smethwick, B66 and falls within the B66 postal district and the borough of Sandwell.
Flat 1, 56, Edgbaston Road, Smethwick has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
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.
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 Flat 1, 56, Edgbaston Road, Smethwick, we estimate a market value of £138,918 and a rental value of £976 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £123,042 and £865 per month respectively.
Over the last year, Flat 1, 56, Edgbaston Road, Smethwick has seen its estimated sale value drop by £1,164 (0.9%) and its estimated rental value rise by £9 per month (1.0%). This results in an estimated gross rental yield of 8.4%.
Flat 1, 56, Edgbaston Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 440 metres of Flat 1, 56, Edgbaston Road, Smethwick, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was 58, Edgbaston Road, Smethwick, B66 4LG, a freehold house which sold for £310,000.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 102 addresses on Edgbaston Road, Smethwick, B66, Flat 1, 56, Edgbaston Road, Smethwick comes out as the 58th largest and the 85th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the B66 district.
From Flat 1, 56, Edgbaston Road, Smethwick, the nearest station is Smethwick Rolfe Street, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 56, Edgbaston Road, Smethwick, 52.3% of property is privately rented and 23.4% 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 Flat 1, 56, Edgbaston Road, Smethwick, 28.7% of residents are recorded as possessing school level qualifications and 19.5% 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 Flat 1, 56, Edgbaston Road, Smethwick, the average age was 35.1 and the most common age was 12.
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 Flat 1, 56, Edgbaston Road, Smethwick, 0.2% 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 Flat 1, 56, Edgbaston 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.
