48 Merton Close

    48, MERTON CLOSE, OLDBURY, B68 8NG

    This terraced freehold property on Merton Close last sold in April 2018 for £135,000. Based on price growth in the B68 district since then, its estimated current value is £192,274 — placing it in the 22nd percentile nationally and the 26th percentile within B68. The property covers 89 m² (958 sq ft), giving an estimated value of £2,160 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £135,000

    Apr 2018

    Estimated Valuation

    £192,274

    Est. £/m²

    £2,160/m²

    £201/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area89 m² (958 sq ft)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Apr 2018

    £135,000

    Key Metrics

    Estimated valuation£192,274
    Value per m² / sq ft£2,160/m² (£201/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B68 district percentile26th percentile
    National percentile22nd 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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