Flat 3, Beechdale
Flat 3, Beechdale
Description & Estimates
Flat 3, Beechdale, Oldbury appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 700 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Beechdale, Oldbury is £112,548 and its rental estimate is £718 per month, given the available information and assuming reasonable condition.
Beechdale, Perry Hill Road is a residential building on Perry Hill Road, Oldbury, B68 and falls within the B68 postal district and the borough of Sandwell.
Our Data Sources
Flat 3, Beechdale, Oldbury has a single entry in the Land Registry from May 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 3, Beechdale, Oldbury, we estimate a market value of £118,175 and a rental value of £754 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,669 and £667 per month respectively.
Recent Market Change
Over the last year, Flat 3, Beechdale, Oldbury has seen its estimated sale value fall by £1,650 (1.5%) and its estimated rental value move up by £2 per month (0.3%). This results in an estimated gross rental yield of 7.7%.
Sold Prices
The most recent sale of Flat 3, Beechdale, Oldbury completed on 4th May 2007 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 70.3% over the period since May 2007.
- Sold May 2007£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Beechdale, Oldbury have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was Flat 1, Beechdale, Perry Hill Road, Oldbury, B68 0AJ, a leasehold flat which sold for £120,000.
Read more about house prices in B68.
- Sold Jun 2024£120,000 | 2 Bed FlatBeechdale, Perry Hill RoadFlat 1, Beechdale, Perry Hill Road, Oldbury, B68 0AJ
- Sold Feb 2020£94,000 | 2 Bed FlatBeechdale, Perry Hill RoadFlat 15, Beechdale, Perry Hill Road, Oldbury, B68 0AJ
- Sold May 2019£98,000 | 2 Bed FlatBeechdale, Perry Hill RoadFlat 13, Beechdale, Perry Hill Road, Oldbury, B68 0AJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 146 addresses on Perry Hill Road, Oldbury, B68, Flat 3, Beechdale, Oldbury comes out as the 123rd largest and the 124th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the B68 district.
More reading links
Schools Nearby
- 500mQuinton Church Primary School
- 600mPerryfields Primary School
- 900mLift Four Dwellings Primary
- 700mPerryfields Academy
- 900mLift Four Dwellings Secondary
- 1.6kmLeasowes High School
More reading links
Public Transport Nearby
From Flat 3, Beechdale, Oldbury, the nearest station is Rowley Regis, 2.4 kilometres away.
- 2.4kmRowley Regis
- 3.4kmLangley Green
- 3.6kmOld Hill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
