1, Elm Tree Way
1, Elm Tree Way
Description & Estimates
The public record describes 1, Elm Tree Way, Cradley Heath as a mid-century apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Elm Tree Way, Cradley Heath has an estimated sale value of £104,015 and an estimated rental value of £723 per month, assuming reasonable condition and based on the information available.
Elm Tree Way, Cradley Heath, B64 lies in the borough of Sandwell, within the B64 postal district.
Our Data Sources
1, Elm Tree Way, Cradley Heath has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Elm Tree Way, Cradley Heath would be worth £109,216, with a potential rental value of £760 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,734, with a rental value of £673 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Elm Tree Way, Cradley Heath has declined by £1,397 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £9 (1.2%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
1, Elm Tree Way, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 450 metres of 1, Elm Tree Way, Cradley Heath across the last 2 years.
Most recently, 60, Elbow Street, Cradley Heath, B64 6JP, a leasehold flat, sold at £105,000 on the 8th March 2024.
Read more about house prices in B64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Elm Tree Way, Cradley Heath as the 16th largest and the 16th most expensive of the 32 addresses on Elm Tree Way, Cradley Heath, B64.
Against the B64 postcode district average, it is £110k less expensive than the typical property.
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Schools Nearby
- 200mOld Hill Primary School
- 500mReddal Hill Primary School
- 500mTemple Meadow Primary School
- 500mOrmiston Forge Academy
- 1.8kmSt Michael's Church of England High School
- 2.3kmWindsor High School and Sixth Form
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Public Transport Nearby
Old Hill station is the nearest stop to 1, Elm Tree Way, Cradley Heath at 700 metres away.
- 700mOld Hill
- 1.6kmCradley Heath
- 2.5kmRowley Regis
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
