59, Sherbourne Road
59, Sherbourne Road
Description & Estimates
59, Sherbourne Road, Cradley Heath is recorded publicly as a mid-century freehold house across 871 ft2 of internal area, sitting on a 301 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 59, Sherbourne Road, Cradley Heath is £259,316 and its rental estimate is £1,141 per month, given the available information and assuming reasonable condition.
Sherbourne Road, Cradley Heath, B64 falls within the B64 postal district, in the borough of Sandwell.
Our Data Sources
59, Sherbourne Road, Cradley Heath has 2 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 59, Sherbourne Road, Cradley Heath, we estimate a market value of £272,282 and a rental value of £1,198 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,164 and £1,061 per month respectively.
Recent Market Change
Over the last year, 59, Sherbourne Road, Cradley Heath has seen its estimated sale value climb by £5,721 (2.2%) and its estimated rental value rise by £43 per month (3.7%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 59, Sherbourne Road, Cradley Heath as measuring 301 m2.
That makes it the 32nd largest plot in the postcode, where all 34 other houses have recorded plot data.
Energy Efficiency
59, Sherbourne Road, Cradley Heath has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Sold Prices
The most recent sale of 59, Sherbourne Road, Cradley Heath completed on 28th June 2024 at £293,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.2% over the period since June 2024.
- Sold Jun 2024£293,000
- Sold Apr 2022£215,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Sherbourne Road, Cradley Heath have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd July 2024, was 55, Sherbourne Road, Cradley Heath, B64 7PX, a freehold house which sold for £203,000.
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 67 addresses on Sherbourne Road, Cradley Heath, B64, 59, Sherbourne Road, Cradley Heath comes out as the 49th largest and the 57th most expensive in our analysis of the public data.
It is also £45k more expensive than the average property across the B64 district.
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Schools Nearby
- 600mTemple Meadow Primary School
- 700mHighfields Primary School
- 1.0kmOld Hill Primary School
- 1.0kmOrmiston Forge Academy
- 1.6kmSt Michael's Church of England High School
- 1.9kmThe Earls High School
More reading links
Public Transport Nearby
From 59, Sherbourne Road, Cradley Heath, the nearest station is Old Hill, 200 metres away.
- 200mOld Hill
- 1.8kmRowley Regis
- 2.5kmCradley 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.
