7, Farmhouse Close
7, Farmhouse Close
Description & Estimates
According to the public record, 7, Farmhouse Close, Cradley Heath is a modern freehold house with 850 ft2 of internal area and sits on a 215 m2 plot.
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 7, Farmhouse Close, Cradley Heath is £285,482 and the estimated rental value is £1,228 per month.
Farmhouse Close, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
Our Data Sources
7, Farmhouse Close, Cradley Heath has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated May 2022.
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
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 7, Farmhouse Close, Cradley Heath is in very good condition we estimate a sale value of £299,756 and a rental value of £1,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,498 and a rental value of £1,142 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Farmhouse Close, Cradley Heath has moved up by £6,298 (2.2%), while its estimated rental value has increased by £46 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Plot Size
According to data from HM Land Registry, 7, Farmhouse Close, Cradley Heath sits on a plot of 215 m2.
We have plot size data on 6 out of 15 other houses in the postcode and 7, Farmhouse Close, Cradley Heath sits on the 3rd largest plot.
Energy Efficiency
7, Farmhouse Close, Cradley Heath has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Farmhouse Close, Cradley Heath was last sold on 1st July 2022 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped by 16.4%.
- Sold Jul 2022£280,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Farmhouse Close, Cradley Heath within a radius of 640 metres over the last 2 years.
The most recent example is 6, Farmhouse Close, Cradley Heath, B64 7BQ, a freehold house which sold for £250,000 on the 9th June 2022.
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, 7, Farmhouse Close, Cradley Heath is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in B64.
More reading links
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
The closest station to 7, 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.
