According to the public record, 15, Brook Lane, Cradley Heath is a modern freehold house and with 1,538 ft2 of internal area and sits on a 160 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Brook Lane, Cradley Heath, B64 is located in the borough of Sandwell within the B64 postal district.
15, Brook Lane, Cradley Heath has 3 entries in the Land Registry database, most recently in November 2016 and no records in the EPC database.
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 15 Brook Lane Cradley Heath as £303,160 and the rental value as £1,278 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 15 Brook Lane Cradley Heath has increased by £12,260 (4.0%) and its rental value has increased by £42 per month (3.3%).
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 15, Brook Lane, Cradley Heath is in very good condition we estimate a sale value of £318,318 and rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,939 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £303,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,490 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, 15, Brook Lane, Cradley Heath sits on a plot of 160m2.
We have plot size data on 17 out of 32 other houses in the postcode and 15, Brook Lane, Cradley Heath sits on the 13th largest plot.
According to HM Land Registry, 15, Brook Lane, Cradley Heath was last sold on 09 Nov 2016 for £233,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Brook Lane, Cradley Heath within a radius of 162m over the last 2 years.
The most recent example is 19, Mace Street, Cradley Heath, B64 6HL, a Freehold house which sold for £132,000 in Jan 2018.
Read more about house prices in B64.
Brook Lane, Cradley Heath, B64 has a total of 36 addresses. According to our analysis of all the public data, 15, Brook Lane, Cradley Heath is the largest and the most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in B64.
15, Brook Lane, Cradley Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2009.
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 15, Brook Lane, Cradley Heath is Old Hill station which is 1.3 km 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 15, Brook Lane, Cradley Heath, 36.7% of property is privately owned outright and 28.0% 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 15, Brook Lane, Cradley Heath, 20.4% of residents are recorded as possessing school level qualifications and 24.6% 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 15, Brook Lane, 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 15, Brook Lane, 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 15, Brook Lane, 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.