5 Melbourne Close

    5, MELBOURNE CLOSE, WEST BROMWICH, B70 0SP

    This terraced freehold property on Melbourne Close last sold in May 2021 for £60,000. Based on price growth in the B70 district since then, its estimated current value is £74,130 — placing it in the 1st percentile nationally and the 2nd percentile within B70. The property covers 75 m² (807 sq ft), giving an estimated value of £988 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £60,000

    May 2021

    Estimated Valuation

    £74,130

    Est. £/m²

    £988/m²

    £92/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area75 m² (807 sq ft)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 May 2021

    £60,000

    Key Metrics

    Estimated valuation£74,130
    Value per m² / sq ft£988/m² (£92/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile2nd percentile
    National percentile1st 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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