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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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13, Cherry Lane, Wednesbury is described in the public record as a mid-century house with 322 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 13, Cherry Lane, Wednesbury is £156,040 and its rental estimate is £829 per month, given the available information and assuming reasonable condition.
Cherry Lane, Wednesbury, WS10 falls within the WS10 postal district, in the borough of Sandwell.
13, Cherry Lane, Wednesbury has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data 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.
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 13, Cherry Lane, Wednesbury, we estimate a market value of £163,842 and a rental value of £870 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,117 and £771 per month respectively.
Over the last year, 13, Cherry Lane, Wednesbury has seen its estimated sale value increase by £6,119 (3.9%) and its estimated rental value grow by £47 per month (5.6%). This results in an estimated gross rental yield of 6.4%.
13, Cherry Lane, Wednesbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 590 metres of 13, Cherry Lane, Wednesbury, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 22, Yew Tree Lane, Wednesbury, WS10 0BL, a freehold house which sold for £213,000.
Read more about house prices in WS10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Cherry Lane, Wednesbury, WS10, 13, Cherry Lane, Wednesbury comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the WS10 district.
From 13, Cherry Lane, Wednesbury, the nearest station is Bescot Stadium, 2.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Cherry Lane, Wednesbury, 46.3% of property is privately owned outright and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 13, Cherry Lane, Wednesbury, 17.3% of residents are recorded as possessing school level qualifications and 16.1% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 13, Cherry Lane, Wednesbury, the average age was 41.6 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 13, Cherry Lane, Wednesbury, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 13, Cherry Lane, Wednesbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
