5, Farmhouse Close
5, Farmhouse Close
Description & Estimates
According to the public record, 5, Farmhouse Close, Cradley Heath is a modern house with 688 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Farmhouse Close, Cradley Heath is £255,820 and the estimated rental value is £1,146 per month.
Farmhouse Close, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
Our Data Sources
5, 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Farmhouse Close, Cradley Heath is in very good condition we estimate a sale value of £268,611 and a rental value of £1,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,913 and a rental value of £1,066 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Farmhouse Close, Cradley Heath has risen by £5,644 (2.2%), while its estimated rental value has moved up by £43 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
5, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Farmhouse Close, Cradley Heath within a radius of 640 metres over the last 2 years.
The most recent example is 8, Emeline Close, Cradley Heath, B64 7AZ, a freehold house which sold for £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
Farmhouse Close, Cradley Heath, B64 has a total of 15 addresses. According to our analysis of all the public data, 5, Farmhouse Close, Cradley Heath is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in B64.
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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
The closest station to 5, Farmhouse Close, Cradley Heath is Old Hill station, which is 400 metres away.
- 400mOld Hill
- 2.2kmCradley Heath
- 2.2kmRowley Regis
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
