56 Merton Close

    56, MERTON CLOSE, OLDBURY, B68 8NG

    This terraced leasehold property on Merton Close last sold in October 2017 for £120,000. Based on price growth in the B68 district since then, its estimated current value is £181,399 — placing it in the 20th percentile nationally and the 22nd percentile within B68. The property covers 85 m² (915 sq ft), giving an estimated value of £2,134 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £120,000

    Oct 2017

    Estimated Valuation

    £181,399

    Est. £/m²

    £2,134/m²

    £198/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area85 m² (915 sq ft)
    EPC dateApr 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2017

    £120,000

    Key Metrics

    Estimated valuation£181,399
    Value per m² / sq ft£2,134/m² (£198/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B68 district percentile22nd 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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