Flat 12, Penncricket Court Penncricket Lane, Oldbury, B68 8LX is a leasehold flat built between 1976-1982. 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 £106,580 , which equates to approximately £150 per square foot. It was last sold on 20 Dec 2013 for £62,750. Since then, the value has increased by £43,830, representing a 69.8% increase, or approximately 5.8% per year.

The current estimated value of £106,580 is:

  • 26.9% lower than the average property price on Penncricket Lane
  • 25.0% lower than the average in the B68 8LX postcode area
  • and 61.4% lower than the average price for Oldbury as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 9 November 2021, the property was recorded as owner-occupied.

View sold house prices in B68 8LX

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£106,580
Price Per sq ft (estimate)
£150
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 12, 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 9 Nov 2021.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Sep 2013. The rating of E is unchanged, though the energy efficiency score decreased by 6.7%.

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 hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 40% 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, standard tariff
Very Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B68 8LX

48 th / 53
Price Rank
25% lower than average
25 th / 48
Size Rank
9% smaller than average
41 st / 48
Price Per Sq FT Rank
17% lower than average

Compared to other properties in B68 8LX , this flat's estimated value ranks 48th out of 53. Based on price per square foot, it ranks 41th 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 25th out of 48 properties in its postcode area.

Sale History

Today
£106,580
streetscan.co.uk estimate
+70 %
20 Dec 2013
£62,750
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: 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: 667 sq ft
sale price: £76,000
sale date: 25 Aug 2017
rooms: 3
size: 624 sq ft
sale price: £66,000
sale date: 2 May 2014

Data Sources

The property at Flat 12, Penncricket Court Penncricket Lane, Oldbury, Sandwell, West Midlands, B68 8LX appears once in the Land Registry records, with the transaction recorded on 20 Dec 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Nov 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.


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