4, Farmhouse Close
4, Farmhouse Close
Description & Estimates
Public records show 4, Farmhouse Close, Cradley Heath to be a modern freehold house with 688 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Farmhouse Close, Cradley Heath has an estimated sale value of £255,820 and an estimated rental value of £1,146 per month, assuming reasonable condition and based on the information available.
Farmhouse Close, Cradley Heath, B64 lies in the borough of Sandwell, within the B64 postal district.
Our Data Sources
4, Farmhouse Close, Cradley Heath has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated December 2021.
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
In very good condition, we estimate 4, Farmhouse Close, Cradley Heath would be worth £268,611, with a potential rental value of £1,203 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £237,913, with a rental value of £1,066 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Farmhouse Close, Cradley Heath has grown by £5,644 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £43 (3.7%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
4, 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.
Sold Prices
4, Farmhouse Close, Cradley Heath last changed hands on 30th March 2022, selling for £205,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.0% since March 2022.
- Sold Mar 2022£205,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 4, Farmhouse Close, Cradley Heath across the last 2 years.
Most recently, 8, Emeline Close, Cradley Heath, B64 7AZ, a freehold house, sold at £235,500 on the 25th April 2024.
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
Our analysis of the public data ranks 4, Farmhouse Close, Cradley Heath as the 15th largest and the 15th most expensive of the 15 addresses on Farmhouse Close, Cradley Heath, B64.
Against the B64 postcode district average, it is £42k more expensive than the typical property.
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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
More reading links
Public Transport Nearby
Old Hill station is the nearest stop to 4, Farmhouse Close, Cradley Heath at 400 metres away.
- 400mOld Hill
- 2.2kmCradley Heath
- 2.2kmRowley Regis
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
