According to the public record, 1, Bishops Walk, Cradley Heath is a modern freehold house with 1,491 ft2 of internal area and sits on a 442 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bishops Walk, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
1, Bishops Walk, Cradley Heath has 41 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Bishops Walk Cradley Heath as £402,177 and the rental value as £1,310 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 Bishops Walk Cradley Heath has increased by £7,843 (2.0%) and its rental value has increased by £5 per month (0.4%).
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 1, Bishops Walk, Cradley Heath is in very good condition we estimate a sale value of £422,286 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,025 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £402,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,977 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Bishops Walk, Cradley Heath sits on a plot of 442m2.
We have plot size data on 15 out of 21 other houses in the postcode and 1, Bishops Walk, Cradley Heath sits on the 2nd largest plot.
According to HM Land Registry, 1, Bishops Walk, Cradley Heath was last sold on 28 Aug 2020 for £380,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Aug 2020, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bishops Walk, Cradley Heath within a radius of 690 metres over the last 2 years.
The most recent example is 95, Haden Hill Road, Halesowen, B63 3NF, a Freehold house which sold for £392,500 in Jul 2023.
Read more about house prices in B64.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Walk, Cradley Heath, B64 has a total of 21 addresses. According to our analysis of all the public data, 1, Bishops Walk, Cradley Heath is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in B64.
1, Bishops Walk, Cradley Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Bishops Walk, Cradley Heath is Old Hill station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Bishops Walk, Cradley Heath, 39.9% of property is privately owned with a mortgage and 39.1% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Bishops Walk, Cradley Heath, 21.6% of residents are recorded as possessing school level qualifications and 25.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Bishops Walk, 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 1, Bishops Walk, Cradley Heath, 1.8% 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 1, Bishops Walk, Cradley Heath, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.