1, Farmhouse Close
1, Farmhouse Close
Description & Estimates
According to the public record, 1, Farmhouse Close, Cradley Heath is a modern freehold house with 688 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Farmhouse Close, Cradley Heath is £260,060 and the estimated rental value is £1,165 per month.
Farmhouse Close, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
Our Data Sources
1, Farmhouse Close, Cradley Heath has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Farmhouse Close, Cradley Heath is in very good condition we estimate a sale value of £273,063 and a rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,855 and a rental value of £1,084 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Farmhouse Close, Cradley Heath has grown by £5,737 (2.2%), while its estimated rental value has climbed by £44 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
1, Farmhouse Close, Cradley Heath has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Farmhouse Close, Cradley Heath was last sold on 16th March 2022 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped by 13.0%.
- Sold Mar 2022£220,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Farmhouse Close, Cradley Heath within a radius of 640 metres over the last 2 years.
The most recent example is 8, Emeline Close, Cradley Heath, B64 7AZ, a freehold house which sold for £235,500 on the 25th April 2024.
Read more about house prices in B64.
- Sold Apr 2024£235,500 | 3 Bed House8, Emeline Close, Cradley Heath, B64 7AZ8, Emeline Close, Cradley Heath, B64 7AZ
- Sold Dec 2023£230,000 | 3 Bed House6, Emeline Close, Cradley Heath, B64 7AZ6, Emeline Close, Cradley Heath, B64 7AZ
- Sold Jun 2023£205,000 | 3 Bed House7, Emeline Close, Cradley Heath, B64 7AZ7, Emeline Close, Cradley Heath, B64 7AZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Farmhouse Close, Cradley Heath, B64 has a total of 15 addresses. According to our analysis of all the public data, 1, Farmhouse Close, Cradley Heath is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in B64.
More reading links
Schools Nearby
- 600mTemple Meadow Primary School
- 900mOld Hill Primary School
- 1.0kmTimbertree Academy
- 1.0kmOrmiston Forge Academy
- 1.7kmThe Earls High School
- 1.8kmWindsor High School and Sixth Form
More reading links
Public Transport Nearby
The closest station to 1, Farmhouse Close, Cradley Heath is Old Hill station, which is 400 metres away.
- 400mOld Hill
- 2.2kmCradley Heath
- 2.2kmRowley Regis
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
