3, Wrights Lane
3, Wrights Lane
Description & Estimates
3, Wrights Lane, Cradley Heath is recorded publicly as a mid-century freehold house across 914 ft2 of internal area, sitting on a 257 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Wrights Lane, Cradley Heath is £234,262 and its rental estimate is £1,167 per month, given the available information and assuming reasonable condition.
Wrights Lane, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
Our Data Sources
3, Wrights Lane, Cradley Heath has 21 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated February 2014.
We combine this information with that 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, Wrights Lane, Cradley Heath, we estimate a market value of £245,975 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,863 and £1,085 per month respectively.
Recent Market Change
Over the last year, 3, Wrights Lane, Cradley Heath has seen its estimated sale value rise by £5,168 (2.2%) and its estimated rental value move up by £44 per month (3.7%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 3, Wrights Lane, Cradley Heath as measuring 257 m2.
That makes it the 2nd largest plot in the postcode, where 20 of the 26 other houses have recorded plot data.
Energy Efficiency
3, Wrights Lane, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 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 3, Wrights Lane, Cradley Heath completed on 2nd May 2014 at £135,000 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 114.0% over the period since May 2014.
- Sold May 2014£135,000
- Sold Dec 2002£37,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Wrights Lane, Cradley Heath have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2025, was 3, Oaklea Drive, Cradley Heath, B64 5SF, a freehold house which sold for £240,000.
Read more about house prices in B64.
- Sold Mar 2025£240,000 | 3 Bed House3, Oaklea Drive, Cradley Heath, B64 5SF3, Oaklea Drive, Cradley Heath, B64 5SF
- Sold Jan 2025£170,000 | 3 Bed House6, Wrights Lane, Cradley Heath, B64 6QU6, Wrights Lane, Cradley Heath, B64 6QU
- Sold Apr 2022£163,000 | 3 Bed House7, Cherry Orchard, Cradley Heath, B64 6RY7, Cherry Orchard, Cradley Heath, B64 6RY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 115 addresses on Wrights Lane, Cradley Heath, B64, 3, Wrights Lane, Cradley Heath comes out as the 17th largest and the 21st most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the B64 district.
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Schools Nearby
- 500mTemple Meadow Primary School
- 500mOld Hill Primary School
- 500mReddal Hill Primary School
- 100mOrmiston Forge Academy
- 1.2kmSt Michael's Church of England High School
- 2.5kmThe Link Academy
More reading links
Public Transport Nearby
From 3, Wrights Lane, Cradley Heath, the nearest station is Old Hill, 800 metres away.
- 800mOld Hill
- 2.1kmRowley Regis
- 2.1kmCradley Heath
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
