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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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23, Western Road, Cradley Heath is recorded publicly as a mid-century freehold house across 753 ft2 of internal area, sitting on a 208 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Western Road, Cradley Heath is £170,391 and its rental estimate is £1,000 per month, given the available information and assuming reasonable condition.
Western Road, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
23, Western Road, Cradley Heath has 2 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated February 2017.
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.
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 23, Western Road, Cradley Heath, we estimate a market value of £178,911 and a rental value of £1,050 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,464 and £930 per month respectively.
Over the last year, 23, Western Road, Cradley Heath has seen its estimated sale value climb by £3,759 (2.2%) and its estimated rental value rise by £37 per month (3.7%). This results in an estimated gross rental yield of 7.0%.
HM Land Registry records the plot of land for 23, Western Road, Cradley Heath as measuring 208 m2.
That makes it the 6th largest plot in the postcode, where 9 of the 24 other houses have recorded plot data.
23, Western Road, Cradley Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Western Road, Cradley Heath completed on 3rd May 2013 at £73,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 143.2% over the period since May 2013.
Over the past 2 years 3 properties similar to 23, Western Road, Cradley Heath have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 58, Meadow Walk, Cradley Heath, B64 7EL, a freehold house which sold for £180,500.
Read more about house prices in B64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Western Road, Cradley Heath, B64, 23, Western Road, Cradley Heath comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the B64 district.
From 23, Western Road, Cradley Heath, the nearest station is Cradley Heath, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 23, Western Road, Cradley Heath, 48.5% of property is socially rented and 24.8% 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 23, Western Road, Cradley Heath, 30.7% of residents are recorded as possessing school level qualifications and 15.4% 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 23, Western Road, 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 23, Western Road, 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 23, Western Road, 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.
