Flat 2, Shelley House
Flat 2, Shelley House
Description & Estimates
According to the public record, Flat 2, Shelley House, Oldbury is a mid-century leasehold apartment with 688 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, Shelley House, Oldbury is £108,899 and the estimated rental value is £709 per month.
The apartment is within Shelley House, Heritage Close, Oldbury, B68.
Heritage Close, Oldbury, B68 is located in the borough of Sandwell within the B68 postal district.
Our Data Sources
Flat 2, Shelley House, Oldbury has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that 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.
Price Range & Condition
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, Shelley House, Oldbury is in very good condition we estimate a sale value of £114,344 and a rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,276 and a rental value of £659 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Shelley House, Oldbury has declined by £1,597 (1.5%), while its estimated rental value has climbed by £2 per month (0.3%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
Flat 2, Shelley House, Oldbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, Shelley House, Oldbury was last sold on 11th January 2017 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2017, the market for similar properties has risen by 40.4%.
- Sold Jan 2017£70,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Shelley House, Oldbury within a radius of 490 metres over the last 2 years.
The most recent example is Flat 5, Shelley House, Heritage Close, Oldbury, B68 9QU, a leasehold flat which sold for £95,000 on the 22nd October 2021.
Read more about house prices in B68.
- Sold Oct 2021£95,000 | 2 Bed FlatShelley House, Heritage CloseFlat 5, Shelley House, Heritage Close, Oldbury, B68 9QU
- Sold Aug 2016£78,000 | 2 Bed FlatShelley House, Heritage CloseFlat 1, Shelley House, Heritage Close, Oldbury, B68 9QU
- Sold Mar 2016£64,000 | 2 Bed FlatCrosswells Road6 Langley Mede, Crosswells Road, Oldbury, B68 8HD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Heritage Close, Oldbury, B68 has a total of 9 addresses. According to our analysis of all the public data, Flat 2, Shelley House, Oldbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in B68.
More reading links
Schools Nearby
- 500mOur Lady and St Hubert's Catholic Primary School
- 600mMoat Farm Junior School
- 600mMoat Farm Infant School
- 400mQ3 Academy Langley
- 700mBristnall Hall Academy
- 1.1kmOldbury Academy
More reading links
Public Transport Nearby
The closest station to Flat 2, Shelley House, Oldbury is Langley Green station, which is 600 metres away.
- 600mLangley Green
- 2.0kmSmethwick Galton Bridge
- 2.2kmSmethwick Rolfe Street
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
