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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 7, Elm Tree Way, Cradley Heath as a mid-century apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
7, Elm Tree Way, Cradley Heath has an estimated sale value of £104,703 and an estimated rental value of £727 per month, assuming reasonable condition and based on the information available.
Elm Tree Way, Cradley Heath, B64 lies in the borough of Sandwell, within the B64 postal district.
7, Elm Tree Way, Cradley Heath has no records in the the Land Registry and a single entry in the EPC database dated November 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 7, Elm Tree Way, Cradley Heath would be worth £109,938, with a potential rental value of £763 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,374, with a rental value of £676 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Elm Tree Way, Cradley Heath has dropped by £1,406 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £9 (1.2%). The property's estimated gross yield is currently 8.3%.
7, Elm Tree Way, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of 7, Elm Tree Way, Cradley Heath across the last 2 years.
Most recently, 60, Elbow Street, Cradley Heath, B64 6JP, a leasehold flat, sold at £105,000 on the 8th March 2024.
Read more about house prices in B64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Elm Tree Way, Cradley Heath as the 11th largest and the 11th most expensive of the 32 addresses on Elm Tree Way, Cradley Heath, B64.
Against the B64 postcode district average, it is £109k less expensive than the typical property.
Old Hill station is the nearest stop to 7, Elm Tree Way, Cradley Heath at 700 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Elm Tree Way, Cradley Heath, 86.3% of property is socially rented and 6.1% is privately rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Elm Tree Way, Cradley Heath, 19.6% of residents are recorded as possessing school level qualifications and 13.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Elm Tree Way, Cradley Heath, the average age was 38.8 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Elm Tree Way, Cradley Heath, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Elm Tree Way, Cradley Heath, there are an average of 0.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
