40 Merton Close

    40, MERTON CLOSE, OLDBURY, B68 8NG

    This terraced freehold property on Merton Close last sold in August 2019 for £127,500. Based on price growth in the B68 district since then, its estimated current value is £180,963 — placing it in the 20th percentile nationally and the 21st percentile within B68. The property covers 96 m² (1,033 sq ft), giving an estimated value of £1,885 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    96 m²

    (1,033 sq ft)

    Last Sale Price

    £127,500

    Aug 2019

    Estimated Valuation

    £180,963

    Est. £/m²

    £1,885/m²

    £175/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area96 m² (1,033 sq ft)
    EPC dateSept 2020
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2019

    £127,500

    27 Jul 2012

    £112,000

    12 Mar 2004

    £92,500

    31 Jan 2001

    £46,000

    31 Jan 1997

    £38,500

    Key Metrics

    Estimated valuation£180,963
    Value per m² / sq ft£1,885/m² (£175/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B68 district percentile21st percentile
    National percentile20th percentile

    District Context — B68

    B68 covers Oldbury and surrounding areas in the Black Country, west of Birmingham. It is a predominantly working-class district with strong community ties and practical appeal to owner-occupiers and families.

    Average Property Price - B68

    £239,667

    24

    National percentile

    Average Net Household Income - B68

    £34,557

    29

    National percentile

    10-Year Annualised Price Growth - B68

    5.4%

    93

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B68

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