102, Lawrence Lane
102, Lawrence Lane
Description & Estimates
102, Lawrence Lane, Cradley Heath is recorded publicly as a modern leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 102, Lawrence Lane, Cradley Heath is £69,601 and its rental estimate is £490 per month, given the available information and assuming reasonable condition.
Lawrence Lane, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
Our Data Sources
102, Lawrence Lane, Cradley Heath has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 102, Lawrence Lane, Cradley Heath, we estimate a market value of £73,081 and a rental value of £515 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,729 and £456 per month respectively.
Recent Market Change
Over the last year, 102, Lawrence Lane, Cradley Heath has seen its estimated sale value drop by £935 (1.3%) and its estimated rental value rise by £6 per month (1.2%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
102, Lawrence Lane, Cradley Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 102, Lawrence Lane, Cradley Heath completed on 19th February 2024 at £65,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.7% over the period since February 2024.
- Sold Feb 2024£65,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 102, Lawrence Lane, Cradley Heath has sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2008, was 11, Lawrence Lane, Cradley Heath, B64 6DE, a leasehold flat which sold for £73,000.
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
Of the 121 addresses on Lawrence Lane, Cradley Heath, B64, 102, Lawrence Lane, Cradley Heath comes out as the 51st largest and the 93rd most expensive in our analysis of the public data.
It is also £145k less expensive than the average property across the B64 district.
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Schools Nearby
- 100mOld Hill Primary School
- 200mReddal Hill Primary School
- 400mCorngreaves Academy
- 500mOrmiston Forge Academy
- 1.8kmSt Michael's Church of England High School
- 2.5kmThe Link Academy
More reading links
Public Transport Nearby
From 102, Lawrence Lane, Cradley Heath, the nearest station is Old Hill, 900 metres away.
- 900mOld Hill
- 1.5kmCradley Heath
- 2.6kmRowley Regis
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
