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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
According to the public record, Flat 2, 254, Park Road, Smethwick is a period leasehold apartment with 581 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, 254, Park Road, Smethwick is £113,066 and the estimated rental value is £685 per month.
The apartment is within 254, Park Road, Smethwick, B67.
Park Road, Smethwick, B67 is located in the borough of Sandwell within the B67 postal district.
Flat 2, 254, Park Road, Smethwick has 2 entries in the Land Registry , most recently in April 2008 and a single entry in the EPC database dated October 2024.
We combine this information with that 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.
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, 254, Park Road, Smethwick is in very good condition we estimate a sale value of £118,720 and a rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,152 and a rental value of £637 per month.
Over the last 12 months the sale value of Flat 2 254 Park Road Smethwick has increased by an estimated £587 (0.5%) and its rental value has increased by an estimated £13 per month (1.9%), giving an expected gross yield of 7.3%.
Flat 2, 254, Park Road, Smethwick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 254, Park Road, Smethwick was last sold on 18th April 2008 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2008, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 254, Park Road, Smethwick within a radius of 420 metres over the last 2 years.
The most recent example is 142A, Park Road, Smethwick, B67 5HU, a leasehold flat which sold for £118,000 on the 3rd July 2023.
Read more about house prices in B67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Smethwick, B67 has a total of 254 addresses. According to our analysis of all the public data, Flat 2, 254, Park Road, Smethwick is the 252nd largest and the 254th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in B67.
The closest station to Flat 2, 254, Park Road, Smethwick is Smethwick Rolfe Street station which is 2.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 254, Park Road, Smethwick, 45.2% of property is privately rented and 33.1% is privately owned with a mortgage.
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, 254, Park Road, Smethwick, 19.2% of residents are recorded as possessing school level qualifications and 47.0% 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 2, 254, Park 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 Flat 2, 254, Park 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 Flat 2, 254, Park 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.
