Leasehold homes in Oldbury
How many homes in Oldbury are sold as leasehold, including leasehold houses. Free
All sales leasehold
14%
6,882 sales since 2016
Houses sold leasehold
6%
excluding flats
New-build houses leasehold
20%
372 new-build houses
Streets where most houses are leasehold
| Street | House sales | Leasehold |
|---|---|---|
| Bhullar Way | 90 | 94% |
| Gower Croft | 24 | 100% |
| Ditta Drive | 20 | 100% |
| Silverlight Grove | 19 | 79% |
| Cecil Drive | 9 | 89% |
| Packwood Road | 15 | 53% |
| Hamilton Drive | 6 | 83% |
| Maltings Avenue | 5 | 100% |
| Hamilton Street | 7 | 57% |
What to check before buying a leasehold home
- Lease length. Under 80 years gets expensive to extend and harder to mortgage. Use the lease extension calculator.
- Ground rent and how it rises. Doubling ground rents can make a home unmortgageable.
- Service charges and the sinking fund, plus any planned major works.
- Buying the freehold. Leasehold reforms are making it cheaper for many house owners to buy their freehold.
A conveyancing solicitor will check all of this for you.