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According to the public record, Flat 2, 157, Cape Hill, Smethwick is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 655 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 157, Cape Hill, Smethwick is £87,146 and the estimated rental value is £606 per month.
The apartment is within 157, Cape Hill, Smethwick, B66.
Cape Hill, Smethwick, B66 is located in the borough of Sandwell within the B66 postal district.
Flat 2, 157, Cape Hill, Smethwick has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 2, 157, Cape Hill, Smethwick is in very good condition we estimate a sale value of £91,504 and a rental value of £637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,046 and a rental value of £564 per month.
Over the last 12 months the sale value of Flat 2 157 Cape Hill Smethwick has increased by an estimated £452 (0.5%) and its rental value has increased by an estimated £12 per month (1.9%), giving an expected gross yield of 8.3%.
According to HM Land Registry, Flat 2, 157, Cape Hill, Smethwick was last sold on 2nd March 2007 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 157, Cape Hill, Smethwick within a radius of 410 metres over the last 2 years.
The most recent example is 11, Newmans Close, Smethwick, B66 4SW, a leasehold flat which sold for £95,000 on the 17th August 2020.
Read more about house prices in B66.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cape Hill, Smethwick, B66 has a total of 185 addresses. According to our analysis of all the public data, Flat 2, 157, Cape Hill, Smethwick is the 119th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in B66.
The closest station to Flat 2, 157, Cape Hill, Smethwick is Smethwick Rolfe Street station which is 1.5 kilometres away.
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.
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 Flat 2, 157, Cape Hill, Smethwick, % of property is and % is .
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 2, 157, Cape Hill, Smethwick, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, 157, Cape Hill, 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 Flat 2, 157, Cape Hill, Smethwick, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.