50 Mehdi Road, Oldbury, B69 2GE is a leasehold flat built between 2003-2006. The property offers approximately 710 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £161,225 , which equates to approximately £227 per square foot. It was last sold on 21 Dec 2006 for £117,500. Since then, the value has increased by £43,725, representing a 37.2% increase, or approximately 2.0% per year.

The current estimated value of £161,225 is:

  • 29.8% lower than the average property price on Mehdi Road
  • 31.3% lower than the average in the B69 2GE postcode area
  • and 41.6% lower than the average price for Oldbury as a whole

At the most recent EPC inspection on 15 July 2023, the property was recorded as rented.

View sold house prices in B69 2GE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£161,225
Price Per sq ft (estimate)
£227
Bedroom Count (estimate)
2 bedrooms

EPC Summary

50 Mehdi Road, Oldbury, Sandwell, West Midlands, B69 2GE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 15 Jul 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Oct 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 3.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B69 2GE

51 st / 66
Price Rank
31% lower than average
27 th / 53
Size Rank
22% smaller than average
50 th / 53
Price Per Sq FT Rank
11% lower than average

Compared to other properties in B69 2GE , this flat's estimated value ranks 51th out of 66. Based on price per square foot, it ranks 50th out of 53 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 27th out of 53 properties in its postcode area.

Sale History

Today
£161,225
streetscan.co.uk estimate
+37 %
21 Dec 2006
£117,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £110,000
sale date: 10 Dec 2024
rooms: 3
size: 624 sq ft
sale price: £115,000
sale date: 28 Jun 2024
rooms: 3
size: 678 sq ft
sale price: £115,000
sale date: 15 Apr 2024
rooms: 3
size: 657 sq ft
sale price: £109,000
sale date: 15 Aug 2023
rooms: 3
size: 646 sq ft
sale price: £101,000
sale date: 31 Mar 2023

Data Sources

The property at 50 Mehdi Road, Oldbury, Sandwell, West Midlands, B69 2GE appears once in the Land Registry records, with the transaction recorded on 21 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.