According to the public record, 1, Meadow Walk, Cradley Heath is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 652 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Meadow Walk, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
1, Meadow Walk, Cradley Heath has 21 entries in the Land Registry database, most recently in November 2012 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Meadow Walk Cradley Heath as £84,643 and the rental value as £520 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 1 Meadow Walk Cradley Heath has increased by £2,962 (3.5%) and its rental value has increased by £11 per month (2.1%).
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, Meadow Walk, Cradley Heath is in very good condition we estimate a sale value of £88,875 and rental value of £546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,718 and a rental value of £484 per month.
If you were able to purchase this property for the estimated value of £84,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £416 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 HM Land Registry, 1, Meadow Walk, Cradley Heath was last sold on 20 Nov 2012 for £94,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2012, the market for similar properties has risen 59.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of 1, Meadow Walk, Cradley Heath over the last 2 years.
The most recent example is 103, Codsall Road, Cradley Heath, B64 7EH, a Freehold house which sold for £92,500 in Nov 2017.
Read more about house prices in B64.
Meadow Walk, Cradley Heath, B64 has a total of 133 addresses. According to our analysis of all the public data, 1, Meadow Walk, Cradley Heath is the 124th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in B64.
The closest station to 1, Meadow Walk, Cradley Heath is Cradley Heath station which is 1.1 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, Meadow Walk, Cradley Heath, 47.2% of property is socially rented and 23.6% is privately owned with a mortgage.
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, Meadow Walk, Cradley Heath, 34.3% of residents are recorded as possessing school level qualifications and 14.2% 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, Meadow 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, Meadow Walk, Cradley Heath, 0.5% 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, Meadow Walk, Cradley Heath, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.