224 Oak Road

    224, OAK ROAD, WEST BROMWICH, B70 8HL

    This terraced freehold property on Oak Road last sold in February 2017 for £196,000. Based on price growth in the B70 district since then, its estimated current value is £299,970 — placing it in the 49th percentile nationally and the 91st percentile within B70. The property covers 129 m² (1,389 sq ft), giving an estimated value of £2,325 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    129 m²

    (1,389 sq ft)

    Last Sale Price

    £196,000

    Feb 2017

    Estimated Valuation

    £299,970

    Est. £/m²

    £2,325/m²

    £216/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms7
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area129 m² (1,389 sq ft)
    EPC dateSept 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    3 Feb 2017

    £196,000

    4 May 2001

    £31,500

    Key Metrics

    Estimated valuation£299,970
    Value per m² / sq ft£2,325/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B70 district percentile91st percentile
    National percentile49th 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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