3, Farmhouse Close
3, Farmhouse Close
Description & Estimates
3, Farmhouse Close, Cradley Heath is described in the public record as a modern house with 688 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Farmhouse Close, Cradley Heath is £255,820 and its rental estimate is £1,146 per month, given the available information and assuming reasonable condition.
Farmhouse Close, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
Our Data Sources
3, Farmhouse Close, Cradley Heath has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
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.
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 3, Farmhouse Close, Cradley Heath, we estimate a market value of £268,611 and a rental value of £1,203 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,913 and £1,066 per month respectively.
Recent Market Change
Over the last year, 3, Farmhouse Close, Cradley Heath has seen its estimated sale value climb by £5,644 (2.2%) and its estimated rental value rise by £43 per month (3.7%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
3, 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.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Farmhouse Close, Cradley Heath have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th April 2024, was 8, Emeline Close, Cradley Heath, B64 7AZ, a freehold house which sold for £235,500.
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 15 addresses on Farmhouse Close, Cradley Heath, B64, 3, Farmhouse Close, Cradley Heath comes out as the 11th largest and the 13th most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the B64 district.
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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
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Public Transport Nearby
From 3, Farmhouse Close, Cradley Heath, the nearest station is Old Hill, 400 metres away.
- 400mOld Hill
- 2.2kmCradley Heath
- 2.2kmRowley Regis
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
