Flat 1, Penncricket Court Penncricket Lane, Oldbury, B68 8LX is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £121,433 , which equates to approximately £179 per square foot. It was last sold on 8 Dec 2006 for £88,500. Since then, the value has increased by £32,933, representing a 37.2% increase, or approximately 2.0% per year.

The current estimated value of £121,433 is:

  • 16.8% lower than the average property price on Penncricket Lane
  • 14.5% lower than the average in the B68 8LX postcode area
  • and 56.0% lower than the average price for Oldbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 April 2021, the property was recorded as owner-occupied.

View sold house prices in B68 8LX

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Price (estimate)
£121,433
Price Per sq ft (estimate)
£179
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, Penncricket Court Penncricket Lane, Oldbury, Sandwell, West Midlands, B68 8LX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Apr 2021.

This property uses electric room 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 25 Sep 2013. The rating of E remains the same, but the energy efficiency score improved by 19.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B68 8LX

42 nd / 53
Price Rank
15% lower than average
28 th / 48
Size Rank
13% smaller than average
34 th / 48
Price Per Sq FT Rank
1% lower than average

Compared to other properties in B68 8LX , this flat's estimated value ranks 42th out of 53. Based on price per square foot, it ranks 34th out of 48 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 28th out of 48 properties in its postcode area.

Sale History

Today
£121,433
streetscan.co.uk estimate
+37 %
8 Dec 2006
£88,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £88,500
sale date: 23 Aug 2024
rooms: 3
size: 603 sq ft
sale price: £95,000
sale date: 12 Nov 2021
rooms: 3
size: 635 sq ft
sale price: £55,000
sale date: 12 Nov 2020
rooms: 3
size: 635 sq ft
sale price: £96,000
sale date: 17 Dec 2019
rooms: 3
size: 592 sq ft
sale price: £95,000
sale date: 12 Nov 2019

Data Sources

The property at Flat 1, Penncricket Court Penncricket Lane, Oldbury, Sandwell, West Midlands, B68 8LX appears once in the Land Registry records, with the transaction recorded on 8 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 2021. 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.