40, High Street
40, High Street
Description & Estimates
40, High Street, Cradley Heath appears in the public record as a freehold house sitting on a 71.1 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 409 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, High Street, Cradley Heath is £119,834 and its rental estimate is £708 per month, given the available information and assuming reasonable condition.
High Street, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
Our Data Sources
40, High Street, Cradley Heath has 41 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 40, High Street, Cradley Heath, we estimate a market value of £125,826 and a rental value of £743 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,446 and £658 per month respectively.
Recent Market Change
Over the last year, 40, High Street, Cradley Heath has seen its estimated sale value increase by £3,652 (3.0%) and its estimated rental value grow by £37 per month (5.2%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 40, High Street, Cradley Heath as measuring 71 m2.
That makes it the 5th largest plot in the postcode, where 1 of the 3 other houses have recorded plot data.
Sold Prices
The most recent sale of 40, High Street, Cradley Heath completed on 12th November 2007 at £25,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 62.2% over the period since November 2007.
- Sold Nov 2007£25,000
- Sold Feb 2006£25,000
- Sold Dec 1996£60,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 40, High Street, Cradley Heath has sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2008, was 19, Silverthorne Lane, Cradley Heath, B64 5AZ, a freehold house which sold for £27,000.
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 111 addresses on High Street, Cradley Heath, B64, 40, High Street, Cradley Heath comes out as the 84th largest and the 32nd most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the B64 district.
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Schools Nearby
- 500mCorngreaves Academy
- 700mDudley Wood Primary School
- 900mNetherbrook Primary School
- 1.4kmOrmiston Forge Academy
- 2.4kmThorns Collegiate Academy
- 2.4kmThe Link Academy
More reading links
Public Transport Nearby
From 40, High Street, Cradley Heath, the nearest station is Cradley Heath, 600 metres away.
- 600mCradley Heath
- 1.8kmOld Hill
- 2.6kmLye (West Midlands)
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.
