12 Melbourne Close

    12, MELBOURNE CLOSE, WEST BROMWICH, B70 0SP

    This terraced freehold property on Melbourne Close last sold in November 2011 for £130,000. Based on price growth in the B70 district since then, its estimated current value is £277,050 — placing it in the 44th percentile nationally and the 86th percentile within B70. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,348 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £130,000

    Nov 2011

    Estimated Valuation

    £277,050

    Est. £/m²

    £2,348/m²

    £218/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area118 m² (1,270 sq ft)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2011

    £130,000

    14 Nov 2011

    £130,000

    14 Nov 2011

    £130,000

    Key Metrics

    Estimated valuation£277,050
    Value per m² / sq ft£2,348/m² (£218/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile86th percentile
    National percentile44th percentile

    District Context — B70

    B70 covers Oldbury and surrounding areas in the Black Country, in the industrial heart of the West Midlands. It is a traditionally working-class neighbourhood with strong manufacturing heritage and a mix of older residential stock.

    Average Property Price - B70

    £201,641

    13

    National percentile

    Average Net Household Income - B70

    £29,956

    7

    National percentile

    10-Year Annualised Price Growth - B70

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B70

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