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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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According to the public record, 2, The Parade, Cradley Heath is a early-century apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Parade, Cradley Heath is £84,442 and the estimated rental value is £606 per month.
The apartment is within 2, The Parade, Cradley Heath, B64.
The Parade, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
2, The Parade, 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.
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 2, The Parade, Cradley Heath is in very good condition we estimate a sale value of £88,664 and a rental value of £636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,531 and a rental value of £563 per month.
Over the last 12 months the sale value of 2 The Parade Cradley Heath has increased by an estimated £600 (0.7%) and its rental value has increased by an estimated £16 per month (2.6%), giving an expected gross yield of 8.6%.
2, The Parade, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, The Parade, Cradley Heath within a radius of 570 metres over the last 2 years.
The most recent example is 1A, The Parade, Cradley Heath, B64 7EF, a leasehold flat which sold for £65,000 on the 1st March 2019.
Read more about house prices in B64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Cradley Heath, B64 has a total of 70 addresses. According to our analysis of all the public data, 2, The Parade, Cradley Heath is the 66th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in B64.
The closest station to 2, The Parade, Cradley Heath is Old Hill station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Parade, Cradley Heath, 53.6% of property is socially rented and 18.2% 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 2, The Parade, Cradley Heath, 31.3% of residents are recorded as possessing school level qualifications and 17.8% 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 2, The Parade, Cradley Heath, the average age was 39.1 and the most common age was 52.
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 2, The Parade, Cradley Heath, 0.0% 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 2, The Parade, Cradley Heath, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
