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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
According to the public record, 7, Red Brick Close, Cradley Heath is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 966 ft2 of internal area and sits on a 238 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Red Brick Close, Cradley Heath is £203,733 and the estimated rental value is £1,066 per month.
Red Brick Close, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
7, Red Brick Close, Cradley Heath has 41 entries in the Land Registry , most recently in May 2016 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 1 out of 5 and is considered of low accuracy.
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, Red Brick Close, Cradley Heath is in very good condition we estimate a sale value of £213,919 and a rental value of £1,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,472 and a rental value of £991 per month.
Over the last 12 months the sale value of 7 Red Brick Close Cradley Heath has increased by an estimated £3,722 (1.8%) and its rental value has increased by an estimated £40 per month (3.7%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 7, Red Brick Close, Cradley Heath sits on a plot of 238m2.
We have plot size data on 3 out of 18 other houses in the postcode and 7, Red Brick Close, Cradley Heath sits on the largest plot.
According to HM Land Registry, 7, Red Brick Close, Cradley Heath was last sold on 13th May 2016 for £100,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2016, the market for similar properties has risen 79.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Red Brick Close, Cradley Heath within a radius of 620 metres over the last 2 years.
The most recent example is Highbury, Corngreaves Road, Cradley Heath, B64 7EA, a freehold house which sold for £175,000 on the 13th December 2024.
Read more about house prices in B64.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Brick Close, Cradley Heath, B64 has a total of 18 addresses. According to our analysis of all the public data, 7, Red Brick Close, Cradley Heath is the largest and the most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in B64.
The closest station to 7, Red Brick Close, Cradley Heath is Cradley Heath station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Red Brick Close, Cradley Heath, 34.7% of property is socially rented and 22.6% is privately owned outright.
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, Red Brick Close, Cradley Heath, 10.9% of residents are recorded as possessing school level qualifications and 15.9% 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, Red Brick Close, Cradley Heath, the average age was 39.1 and the most common age was 52.
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, Red Brick Close, Cradley Heath, 0.7% 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, Red Brick Close, Cradley Heath, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
